Patreon Web page: https://www.patreon.com/PatrickBoyleOnFinance
Let’s look again on the huge monetary occasions of 2021 and the teachings we realized. 2021 was an thrilling yr in markets, we had meme shares, SPACs, hedge fund blow ups and the mainstreaming of crypto. The inventory market went from energy to energy this yr. The yr began out with the brief squeezes in GameStop after which AMC.
As international economies bounced again from the pandemic, provide chains buckled because of shortages both of products or individuals to ship them. The squeeze on the labor market pushed up wages, and the press was full of tales of the nice resignation. We noticed hovering oil and commodities costs and the collapse of Chinese language property big Evergrande however none of this might derail investor exuberance. Inventory markets and home costs took off in 2021.
On the earth of geopolitics, the primary huge story of the yr was Brexit – Britain’s withdrawal from the EU. On high of this, the tensions between the USA and China was an enormous theme and will stay so in 2022. Because the yr involves an finish, Russia’s intentions towards Ukraine are elevating considerations worldwide.
2021 was an enormous yr for IPO’s, 1058 firms went public over the course of the yr. As crypto went mainstream, we noticed each social media influencer launch their very own coin or NFT venture. So, let’s look again at a few of the largest tales of the yr.
Go to our web site: www.onfinance.org
Comply with Patrick on Twitter Right here: https://twitter.com/PatrickEBoyle
Patrick Boyle On Finance Podcast:
Google Podcasts: https://tinyurl.com/62862nve
Be part of this channel to help making this content material: