Good morning. US stock futures dipped in Tuesday morning trading as investors braced for a busy week of earnings season, and a possible interest rate hike from the Federal Reserve.

"The most dangerous people in the world are very smart traders who haven't yet got their teeth kicked in"

F. Helmut Weymar

Top News

US, EU launch AI partnership

• The United States and the European Union announced a collaboration to accelerate and improve the implementation of artificial intelligence in various fields, including agriculture, healthcare, emergency response and the electric grid.

• The initiative is intended to give governments greater access to more detailed and data rich AI models that could be used to improve the speed and efficiency of government operations and services.

Smartphone slowdown hits China

• According to research firm IDC, China's smartphone sales experienced a significant decline in 2022, with a 13% year-on-year drop, the largest decrease for the sector in a decade.

• Strict Covid-19 controls in China, which ramped up in the spring of 2022, weighed heavily on its economy which slumped to one of its worse levels in nearly half a century last year.

EU working to fast track clean tech permits

• Firms in clean tech industries such as renewable hydrogen and batteries could receive faster permits under plans by the European Union to support industries facing US and Chinese competition.

• A draft of the Commission's plan said it would produce a simpler regulatory framework for manufacturers of technologies deemed key to meeting the EU's climate change goals.

Invest In An Asset That Stands The Test of Time!

Whether you’re a seasoned or new investor, gold can be a smart choice for your financial future.

During the inflation spike of the 70s, gold prices ~3x while the S&P fell more than 45%

And now you can add a golden opportunity to your portfolio with GOLDmining Inc, who’s leading the way in the gold industry.

Beyond GOLDmining Inc’s robust financial position, strong growth trajectory and technical expertise, they boast one of the largest portfolios of gold and gold-copper resources of any developer in its category - 14 projects spanning Alaska, Canada, the US and South America!

Click here to learn more about GOLDmining Inc and add a little bling to your financial future!

P.S. GOLDmining Inc is backed by major shareholders like Sprott, Blackrock, Marin Katusa, Rick Rule and Doug Casey.

*Thanks to our sponsors for keeping this newsletter free

In Other News

Facebook fights off another lawsuit...

• Facebook asked a London court to halt a potential $3.7 billion lawsuit alleging abuse of dominant position for monetizing users personal data.

• Meta Platforms, Facebook's parent company, is facing as mass action suit brought on behalf of around 45 million Facebook users in Britain.

Is office work back?

• More than 50% of workers in major US cities went into the office last week, the first time that return to office rates crossed 50% of their pre-pandemic levels according to data from security firm Kastle Systems.

• Many organizations that currently employ desk workers use some type of hybrid arrangement, with workers splitting their time at work and on site.

Pay with...Twitter?

• According to a report from the Financial Times, Twitter is working on introducing payments to the social media platform and has begun applying for regulatory licenses.

• Twitter CEO Elon Musk had previously stated that the Twitter acquisition would be part of a master plan to create the "everything app" - a service that would offer social networking, peer-to-peer payments and e-commerce shopping.

Key Economic Events

• Tuesday - Conference Board Consumer Confidence

• Wednesday - FOMC Rate Decision, Press Conference After FOMC Meeting

• Thursday - Bank of England Rate Decision, ECB President Lagarde Speaks

• Friday - US Unemployment Rate

Notable Briefs

• What does it take to buy a house in 2023?

• Here's what the ultra-wealthy do differently!

• Everything you need to know about the consumer price index!

• We're hiring! Apply here to join our team!

• Was this forwarded to you? Sign up here.

• Want to advertise in Daily Market Briefs? Go here.