Review: 2022 Top 10 Key Words in Tiger Community
Last week, we launched the campaign - Quiz of the year: how do you remember 2022? Do you have a clue about the Top 10 Events in 2022?
Let's reveal the answer and count the top 10 events together.
- On the macro level, the Russia-Ukraine conflict caused oil prices to spike; high inflation drove the Fed to raise interest rates seven times in a row; US stocks entered a technical bear market; large tech companies announced layoffs.
- In terms of individual stocks, Musk completed the dramatic acquisition of Twitter; Microsoft tended to acquire Blizzard; the crypto coin LUNA crashed...
Let's recall these ten events together. Wonderful activities are waiting for you at the end of the article.
1. [Event] US stocks fell into a technical bear market
The Fed rate hike hinders economic growth. High-interest rates will lead to higher financing costs for tech companies. $S&P 500(.SPX)$ was down 20.3% from its peak in Jan this year. In May, it fell below 3,837, which was viewed as the boundary of the bear market. As of December 23, 2022, the Nasdaq fell by 33% and the S&P 500 index by 19.8% in 2022.
[Refer to read]
Tiger Chart: S&P 500 Trend and EPS In History
Charts Help You Get the Trend of U.S. Stock Market
[Related TOPIC]
Will S&P 500 sink into a bear market (3824) this week?
2. [Event] The Russia-Ukraine conflict has a domino effect
The conflict between Russia and Ukraine has lasted over 300 days. This conflict is more than a military conflict between the two countries. It is an economic war between Russia and the United States and its allies. The stock market, foreign exchange market, and futures market of crude oil, grain, and gold fluctuated repeatedly.
[Refer to read]
Gold Prices Top $1900, But Still Bullish?
What really happened in Ukraine?
3. [Event] Crypto Crisis
The tightening of the global financial situation caused by the aggressive interest rate hikes also impacted cryptocurrency. Since the beginning of this year, the market value of cryptocurrency has evaporated by more than $1.3 trillion.
Luna coin once ranked among the world's top ten virtual currencies. In May, LUNA plunged from $90 to less than $0.0001 in 48 hours. Another giant FTX has caused a liquidity crisis after it collapsed.
Binance, the world's largest crypto trading platform, has also seen massive outflows recently. In the week of Dec. 12 alone, withdrawals reached $3.7 billion.
The president of India's central bank said cryptocurrency may cause another global financial crisis.
[Refer to read]
LUNA: 58 Trln Evaporated; The Biggest Fraudster Is On The Run
FTT Crashed: Another Luna? The Battle Between FTX & Binance
[Related TOPIC]
4. [Event] High Inflation
CPI has become one of the most important readings in the stock market. Affected by the Russia-Ukraine crisis, food and energy prices continue to rise. CPI in June increased by 9.1% year-on-year, exceeding the record in November 1981. Energy prices increased by 41.6% year-on-year. Food prices rose by 10.4% year-on-year.
Although the US CPI has begun to fall back, there is still a long way to go.
[Refer to read]
A better-than-expected CPI means a better market?
[Related TOPIC]
What does inflation mean to you?
5. [Event] Fed Rate Hikes
Since March, the Federal Reserve has raised interest rates seven times in a row, including four times of 75 bps. In less than a year, the fund rates rose rapidly from near zero to 4.25% - 4.50%. It was the most aggressive interest rate increase since the early 1980s.Powell, the chairman of the Federal Reserve, said after the December FOMC meeting that the Federal Reserve still "has a lot of work to do".
[Refer to read]
FED's Rate Hike Impacts On Market & Recession By Global Experts
[Related TOPIC]
How Will SPX. Close After FOMC Minutes and Powell Speech?
6. [Event] Queen Elizabeth II
On 8 Sept, Queen Elizabeth II died at the age of 96 at Balmoral Castle in Scotland, ending a 70-year reign as the monarch of the United Kingdom and the British Commonwealth.
Her life and reign were legendary as she made multiple records and gained so many titles. She lived through wars and 15 British PMs, and 14 US presidents.
The UK is in the midst of a rare energy crisis and high inflation. The death of the Queen also casts a shadow over the British economy.
[Refer to read]
How Will the UK & Commonwealth Go After the Legendary Queen Was Gone?
7. [Event] Tesla Stock Split
Since 2020, many tech giants such as $Apple(AAPL)$ and $NVIDIA Corp(NVDA)$ have made share split. This year, $Alphabet(GOOG)$ and $Amazon.com(AMZN)$ also completed the stock split. In August this year, $Tesla Motors(TSLA)$ announced a stock split.
In August 2020, Tesla's 5:1 split led to a share price surge. Its shares rose rapidly from $280 per share in August to nearly $500 per share at the end of August.
However, due to Musk's Twitter acquisition and EV's bleak future, Tesla's share prices declined 68% YTD.
[Refer to read]
Investors Flock to Tesla, Can the Miracle of Stock Splitting Rally be Repeated?
[Related TOPIC]
Tesla's Stock Split = Another 60% Share Price Surge?
8. [Event] Activision Blizzard
Activision Blizzard holds a prominent position in the video gaming industry.
After $Microsoft(MSFT)$ announced its acquisition of Blizzard in January this year, the company received great attention.
In addition to this takeover offer, Blizzard is picked by Warren Buffett. Buffett's $Berkshire Hathaway(BRK.B)$ is already the largest institutional investor in Activision Blizzard.
In China, it gained attention because Activision Blizzard announced that it would end its 14-year partnership with NetEase - China's gaming giant.
[Refer to read]
ATVI - Its love story with Buffett, Microsoft & Netease
9. [Event] Twitter Acquisition
Since January, Musk has been quietly buying Twitter shares. On April 25th, Musk announced that he planned to acquire Twitter at a price of $54.2 per share, totaling about $44 billion. Twitter management directly launched the poison pill plan to protect the company from being acquired.
After the Twitter board agreed on the deal, Musk suddenly decided to put the plan on hold. In October, when the two sides decided to go to court, Musk completed the transaction.The reduction of Tesla shares to raise acquisition funds also affects millions of Tesla shareholders.
[Refer to read]
Musk & Twitter Drama Process -- Future Outlook?
[Related TOPIC]
Will Musk's bid to buy Twitter succeed?
What's next for Twitter as Musk takes over it?
10. [Event] Mass Layoffs
Layoffs are having an impact on the entire tech industry, and the phenomenon is global. Internet companies hired employees on a large scale during the pandemic. But in 2022, Fed rate hikes lead to higher borrowing costs.
They began at the beginning of this year and may continue to affect people in 2023. Many large companies announced layoffs or freezing of hires. Among them, the two companies are the headlines.
- Meta layoffs: 13% of workforce laid off (November, 2022)
- Twitter layoffs: 50% of workforce laid off (November, 2022)
[Refer to read]
The Wave of Layoffs Begun - These Companies' Shares Rose?
Which event impressed you the most? Which one has the greatest impact on your portfolio?
Besides the above keywords, you can share your most impressive event in the comment section!
📒How to participate:
Comment and forward this post.
You need to choose the most impressive events and explain the reasons.
The format is as follows: I think the most memorable hot event is * * * *+reason.
⏰Activity duration:
From now until December 30th, 2022.
🎁Reward:
The 10 tigers with the most likes in the comment section will receive 100 tiger coins.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
🌈🌈🌈I believe that the most memorable event of 2022 would be the Russia Ukraine war. It has caused unnecessary loss of lives and untold hardships not only in Ukraine and Russia but its impact is felt like an earthquake around the world.
This war has resulted in skyrocketing food prices, high inflation, rising interest rates and rising energy prices.
However there is now a glimmer of hope as Russia today is talking about peace. May this Christmas bring forth peace and hope that this war will be put to rest and the world can rejoice 😍😍😍🌈🌈🌈🌟🌟🌟
@TigerEvents @MillionaireTiger
The rate hike had triggered a tsunami of market selloffs , worsening the tech selldown experienced months before . It also inevitably forced bond yields to rise and reits to dive .
End of easy money !! [Spurting] [Spurting] [Spurting] [Spurting] [Sad]
Come my tiger friends, join and have fun.
@LMSunshine @Mrzorro @Aqa @Fenger1188 @GoodLife99 @rL @SirBahamut @HelenJanet @pekss @Korer @JC888 @melson
merci @LMSunshine @rL @Universe宇宙 @Aqa for tagging.
Why? Because since start of year to year end now, we are still talking about it.
Why? Because its the fastest rate hike increase.. EVER!?!
If an economy is experiencing high inflation, it may be necessary for the central bank (such as the Federal Reserve in the United States) to raise interest rates in order to try to reduce the inflationary pressures. Interest rates are the cost of borrowing money, and when they are high, it becomes more expensive for individuals and businesses to borrow money. This can lead to a decrease in spending, which can help to reduce the demand for goods and services and, in turn, help to bring down the overall price level.
The high interest rates have also indirectly triggered layoffs and fears of recession continue to build up over the months as probability of a soft landing diminishes in the face of probable high interest rates in 2023.
@LMSunshine @koolgal @SirBahamut @SR050321
Finally the mad dog has done barking and bit like rabies despited suffer as much as ukraine or even more.
This damned war triggered food crisis that global will feel the impact next year due to missed 2022 cycle in food basket n high fertilizer cost
Let not talk about the energy crisis that biden tryin to suppress the price by flooding emergency reserve n price sanction on russkie carbons . (hindsight, diseal is still in high demand in usa, affecting their logistical cost)
Futher exebate inflation n result in higher interest rate, result in downward spiral of what we are currently facing,compared to 2021.
Talk about choosing right time for a dumb war that serve no purpose
Also adding more burden for those with housing loan commitment!
Most importantly, it leads to 🐻 market make my portfolio turn RED RED RED!!! [Facepalm] [Cry]
🌈🌈🌈I believe that the most memorable event of 2022 would be the Russia Ukraine war. It has caused unnecessary loss of lives and untold hardships not only in Ukraine and Russia but its impact is felt like an earthquake around the world.
This war has resulted in skyrocketing food prices, high inflation, rising interest rates and rising energy prices.
However there is now a glimmer of hope as Russia today is talking about peace. May this Christmas bring forth peace and hope that this war will be put to rest and the world can rejoice 😍😍😍🌈🌈🌈🌟🌟🌟
@TigerEvents @MillionaireTiger
🌟🌟🌟The most significant world event of 2022 would have to be the Ukrainian war. It is the root cause of high inflation, supply disruptions, price shocks, food shortages, high energy prices. Because of the high inflation caused by the Ukrainian war, central governments led by the US Feds had to embark on a hawkish approach to raise interest rates.
The world is still feeling the domino effects of the Ukrainian war today even though it is so far away. If I can make 1 wish this Christmas, it would be the cessation of the war in Ukraine and World Peace.
@TigerEvents
🌟🌟🌟The most significant world event of 2022 would have to be the Ukrainian war. It is the root cause of high inflation, supply disruptions, price shocks, food shortages, high energy prices. Because of the high inflation caused by the Ukrainian war, central governments led by the US Feds had to embark on a hawkish approach to raise interest rates.
The world is still feeling the domino effects of the Ukrainian war today even though it is so far away. If I can make 1 wish this Christmas, it would be the cessation of the war in Ukraine and World Peace.
@TigerEvents