2023 Finance Rewind - AI and Bank Collapses

TL;DR

A casual review of the highlights of the year 2023 in economics and finance, including market performances, major events, and future plans for the channel.

Transcript

this video is sponsored by morning Brew visit the link in the description below to sign up for their daily newsletter today ladies and gentlemen welcome to the plane Bagel I'm your host Richard coffin we made it to the end of 2023 congratulations job well done give yourselves a pat on the back for that one as we quickly approached 2024 and as I Loo... Read More

Key Insights

• 🛀 The market performances in 2023 showed overall positive returns, with Bitcoin experiencing significant growth.
• 👶 Major events in 2023 highlighted financial crises, legal issues, and the launch of new services.
• 🌱 The Plane Bagel channel experienced substantial subscriber growth and plans to continue delivering informative and entertaining content.

Questions & Answers

Q: What were the market performances in 2023?

In 2023, the S&P 500 had a total return of 25%, the S&P TSX had a return of 10%, the MSCI EA index had a return of 16.6%, the S&P 500 Bond index was up 8%, and Bitcoin was up 162%.

Q: What were some major events in 2023?

Major events in 2023 included the U.S. debt ceiling crisis, the collapse of Silicon Valley Bank, lawsuits against finance and Coinbase, the launch of the Fed Now service, rate hikes by the Federal Reserve, and various financial failures and legal issues.

Q: What was the channel update for The Plane Bagel?

The Plane Bagel gained over 200,000 subscribers in 2023 and plans to cover important news and beginner-friendly topics in 2024. New projects will be released. The host will be taking a vacation in January.

Q: What was the performance of gold, oil, and the 10-year treasury yield in 2023?

Gold was up 12.1% for the year, oil was down roughly 8%, and the 10-year treasury yield ended the year relatively flat despite rising interest rates.

Summary & Key Takeaways

• Market performances in 2023: S&P 500 had a total return of 25%, S&P TSX had a return of 10%, MSCI EA index had a return of 16.6%, S&P 500 Bond index was up 8%, and Bitcoin was up 162%.

• Major events in 2023: U.S. debt ceiling crisis, collapse of Silicon Valley Bank, lawsuits against finance and Coinbase, launch of Fed Now service, rate hikes by the Federal Reserve, and various financial failures and legal issues.

• Channel update: The Plane Bagel gained over 200,000 subscribers in 2023, plans to cover important news and beginner-friendly topics in 2024, and new projects will be released. The host will be taking a vacation in January.