2022 in a Nutshell
In this buzz: 2022 in a nutshell; inflation; pandemic-related supply chain disruptions; crypto collapse and more …
2022:
It’s been quite a (bad) year for the equity market, with
- the Fed raising rates dramatically,
- inflation concerns, continued pandemic-related supply chain disruptions,
- the collapse of crypto and
- the war in Ukraine.
If that’s not enough, Tesla CEO and The Glass Onion protagonist, Elon Musk decided to shake things up by buying Twitter for $44 billion. Nobody really knows what he plans to do with it, maybe drive it into the ground or perhaps he’ll be satisfied to send more cryptic and potentially market-moving tweets.
If you’re feeling stressed though, use this week to pause and reflect. Remember that the stock market is a fickle and volatile beast and investors are likely to experience plenty of ups and downs over the coming year.
But don’t fret, J-Powell’s got your back. Let him handle all the heavy lifting. Jerry wouldn’t let inflation soar out of control or allow the economy to slip into a recession…would he?! He wouldn’t, right?
Here’s to a happy, healthy and prosperous New Year to all! Thank you for reading and try to enjoy the last few days of this crazy year.
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