2024 Finance Rewind - The Year of Trump, AI and Crypto

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  • Опубликовано: 26 дек 2024
  • As we approach the end of 2024, let's take a beat to look back on what made the year remarkable...for better or for worse.
    If you'd like to support the channel, you can do so at / theplainbagel
    DISCLAIMER:
    This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer). Richard makes no warranties regarding the accuracy of data included in this video.

Комментарии • 426

  • @ThePlainBagel
    @ThePlainBagel  10 дней назад +272

    Curious how people feel about me removing the "market review" segment of the video this year, where I give an overview of how all the major asset classes performed. It always felt like a clunky, numbers-heavy section for what's supposed to be a light RUclips video, but happy to bring it back if there's demand

    • @danielidowu7904
      @danielidowu7904 10 дней назад +60

      I for one love the way you present information and would like to see this

    • @Iam1297
      @Iam1297 10 дней назад +36

      A monthly macro economics news explainer would also be nice.

    • @vladpruna95
      @vladpruna95 10 дней назад +3

      That would be awesome, looking forward to it

    • @3_character_minimum
      @3_character_minimum 10 дней назад +12

      You work with finance numbers are going to be there. So don't worry about it.
      If anything maybe try playing with the numbers. Maybe like starting from the smallest number, and working to the highest.

    • @o.s.t
      @o.s.t 10 дней назад +6

      The market review seemed good, didn't have to pause to follow on the stats with what you've said.
      On another note, really liking the white void, is similar to John Oliver but your own shade,
      and it combines well with the black void of coffeezila, 2 perspectives on financial topics,
      Please keep it up.

  • @gammaray152
    @gammaray152 10 дней назад +639

    Alright lads. we have half a month to cause a massive global economic shakeup to force Mr.Plain Bagel to give us an update video.

    • @ThePlainBagel
      @ThePlainBagel  10 дней назад +278

      No please I want a holiday

    • @EricTheSpy1
      @EricTheSpy1 10 дней назад +14

      @@ThePlainBagelgiven everything that has transpired in the first two weeks of december i’d reckon the latter half still has more to offer!
      2024 still got gas left in the tank for one more hail merry…

    • @wasabibottomboys1623
      @wasabibottomboys1623 10 дней назад +3

      @@ThePlainBagel no plz I need to know how to feel about Chrystia Freeland resigning

    • @chrisc5991
      @chrisc5991 9 дней назад

      What do you suggest we do?

    • @Boxsalesman
      @Boxsalesman 9 дней назад +2

      @@ThePlainBagel Holidays not allowed, MORE VIDS

  • @guitarislife01
    @guitarislife01 10 дней назад +265

    I would like to take this moment to acknowledge the thumbnail of this video. No shock face. THANK YOU.

    • @blacksuite1
      @blacksuite1 10 дней назад

      He's saving that for the April 1st vid.

    • @3_character_minimum
      @3_character_minimum 10 дней назад +2

      Its a face that perfectly depicts how disappointing 2024 is.
      Not a disaster like the previous years.
      But not euphoric either

    • @Jose04537
      @Jose04537 10 дней назад +1

      🔥"This is fine"🔥

    • @Mitology
      @Mitology 10 дней назад

      Yes

  • @sonaloux
    @sonaloux 10 дней назад +513

    What a great jumper. Really brings out the Elizabeth Holmes in you.

  • @DrMolotoff
    @DrMolotoff 10 дней назад +123

    Dude how are your videos so good? This isnt even your main job, inspiring.

    • @OG_McLovin
      @OG_McLovin 10 дней назад +13

      Best Fin channel on the tube. I don't even consider him a finfluencer since there's so little shilling and just objective analysis. Good channel.

  • @mikeYouTube3048
    @mikeYouTube3048 10 дней назад +131

    I can't shake the feeling that this sweater leans more 'everyday attire' than 'holiday special' for you.

    • @OG_McLovin
      @OG_McLovin 10 дней назад +8

      DO NOT QUESTION THE TURTLE NECK

    • @KathyClysm
      @KathyClysm 9 дней назад +1

      Must be the Canada vibes, a sensible jumper just seems natural

  • @DomWood
    @DomWood 10 дней назад +69

    now this is the attire of a man who I can trust to explain Hawk Coin Rugpulls

  • @Noneofyourdambusssiness
    @Noneofyourdambusssiness 10 дней назад +54

    @ThePlainBagel - your content continues to be one of the best I see in YT. Finance YT especially seems to be a giant after midnight infomercial of financial excrement from a lot of people. Yours is by far the most balanced, well researched and eloquently presented info that is out here right now. I am personally thankful to have found your channel in 2024 and will continue to watch in 2025. Happy Holidays to you and your family. Enjoy your time off!

  • @themaximus123
    @themaximus123 10 дней назад +22

    Thanks!

  • @sunnyyshc
    @sunnyyshc 10 дней назад +31

    Thank you for always bringing a calm, honest and fact-based narrative to the finance media space in, what seems always to be, a crisis time - will continue to follow next year.

    • @thewhitefalcon8539
      @thewhitefalcon8539 9 дней назад

      Fact based except for his commentary on the middle east...

  • @psychic_beth
    @psychic_beth 9 дней назад +9

    As someone who studied finance in undergrad, this channel is the only finance channel I can watch without cringing. Keep it up in 2025.

  • @thinkprotoss
    @thinkprotoss 10 дней назад +17

    OMG - This was all this year?! Feels sooo far by now. Ty for Rewind!

    • @ecoideazventures6417
      @ecoideazventures6417 8 дней назад

      That's because those Covid years filled us with so much void that things went on a roll after that

  • @geniej2378
    @geniej2378 10 дней назад +4

    What a summary of 2024 - I'd completely forgotten about half of these so it's important to remember what's hyped today will be forgotten tomorrow.

  • @realflyingdonkey420
    @realflyingdonkey420 10 дней назад +28

    Lookin' real snug there, Mr. Bagel

  • @brucew422
    @brucew422 9 дней назад +1

    Dude, your delivery and editing was so on point in this video. you have been great to follow and I have enjoyed your content and evolution as a content creator. Thanks for the rewind and Happy New Year!

  • @stephaniegrehan9084
    @stephaniegrehan9084 10 дней назад +4

    Great jumper, very festive but in a professional way. Thanks for a great year of plain financial breakdowns and have a beaut of a break

  • @smallmj2886
    @smallmj2886 10 дней назад +20

    Unfortunate timing, being released on the day that the Canadian Finance Minister resigned.

  • @demotsch
    @demotsch 8 дней назад +1

    Thanks for your work and all the best for 2025.

  • @wswordsmen
    @wswordsmen 10 дней назад +8

    Something I have to add, since it really does color your perception of the decision, but ATACMS are necessarily short range missiles. They are relatively long range for tactical missiles but for missiles more generally Intermediate range starts at 3000km, literally 10x the range of ATACMS.

  • @citizenoftheyearCC
    @citizenoftheyearCC 10 дней назад +9

    I appreciate you editing the BTC price to be as close to possible to today's date.

  • @Rockologist
    @Rockologist 10 дней назад

    Whenever you do put out a video, I am just happy to sit down and listen. At whatever frequency you have energy for, I am here as my eyes and ears. Cheers!

  • @sethalas
    @sethalas 10 дней назад +7

    There better be a santa suit on that final video of the year!

  • @phath2007
    @phath2007 8 дней назад

    Merry Christmas Richard, thanks for all your efforts this year!

  • @Oceanatornowk
    @Oceanatornowk 10 дней назад +97

    This may have been one of the dumbest years in recorded history. If there were an idiot index I would invest

    • @matty543210098
      @matty543210098 10 дней назад +18

      Dumbest year in recorded history so far.** 2025 looks like it may want to compete for that title.

    • @MarketWizard546
      @MarketWizard546 10 дней назад +9

      Were you not around in 2008?

    • @owlegrad
      @owlegrad 10 дней назад +3

      The reverse Cramer index is a close match I would say. 😂

    • @samsonsoturian6013
      @samsonsoturian6013 10 дней назад +1

      You'd lose

    • @feynstein1004
      @feynstein1004 10 дней назад

      😂😂😂

  • @lesliewubbel9157
    @lesliewubbel9157 10 дней назад +4

    Happy New Year!

  • @antiquehealbot6543
    @antiquehealbot6543 10 дней назад +4

    I hope you hit 1m subs by the end of the year!

  • @beefchampion2792
    @beefchampion2792 9 дней назад

    Happy holidays, Bagel! And a successful 2025!

  • @adamrumball2582
    @adamrumball2582 10 дней назад +1

    Fun waterski over topics. I enjoy these “year in review” types of summaries. Kudos buddy.

  • @anyascrap1138
    @anyascrap1138 10 дней назад +3

    fellas, finally the year rewind im actually interested. Shout-out from Ukraine!

  • @hpenvy1106
    @hpenvy1106 10 дней назад +5

    Hey you there. Yes you. It's gonna be okay. Were all gonna make it like we made it through this year. :)

  • @pongop
    @pongop 9 дней назад

    Great recap! Thank you for another year of thoughtful, quality content.

  • @bc-guy852
    @bc-guy852 9 дней назад +2

    I love your channel Richard! Your humour, insights and evaluations is both entertaining and informative. Thank you for what you do!! ONE small point if I may? ATACMS is not a Long Range weapon. ATACMS is a Medium Range munition system and Ukraine has only recently been authorized to use munitions that go about 300 Kms. The missiles russia is attacking Ukraine with will travel over 5,000 Km's.

  • @fenner1122
    @fenner1122 10 дней назад +2

    I prefer The Everything Bagel, thanks for what you do!

  • @xzx3
    @xzx3 46 минут назад

    Nice sweater. Merry Christmas 🎄

  • @Marianojoey
    @Marianojoey 10 дней назад +4

    Happy holidays. :)

  • @Scheffie3
    @Scheffie3 8 дней назад

    Great video I love the humor paired nicely with the information! Keep up the good work!

  • @shiwardsdrac
    @shiwardsdrac 9 дней назад

    You are doing god's work bro. I hope you know how much we value the effort and time you put into your channel.

  • @Kevin_Street
    @Kevin_Street 8 дней назад

    Thank you for the overview. It's always good to hear your opinion on things.

  • @MrWhangdoodles
    @MrWhangdoodles 10 дней назад +2

    I love Richard's defeated face.
    Same Richard...same.

  • @NoNameNumberTwo
    @NoNameNumberTwo День назад

    1,000,000 subs, here you come!

  • @WilhelmScreamer
    @WilhelmScreamer 10 дней назад +23

    I just hate living in the clown world where sound fundamentals of reasonable financial assets have gone out the windows.

    • @cautiousoptimist1926
      @cautiousoptimist1926 10 дней назад +8

      I spent years learning how markets worked only to have the Fed and deregulation render all market benchmarks meaningless.

    • @3_character_minimum
      @3_character_minimum 10 дней назад +7

      Somebody is got to feed the bubble.

    • @samsonsoturian6013
      @samsonsoturian6013 10 дней назад +3

      That's old news. Not much of that has happened this year because all the ponzis are broken

    • @oo--7714
      @oo--7714 10 дней назад +5

      Bitcoin will have another 80% correction it will happen sooner or later

    • @samsonsoturian6013
      @samsonsoturian6013 10 дней назад

      @oo--7714 it's a digital currency. It can hit true zero, therefor it will at some point for some reason

  • @SarahHarris-b8x
    @SarahHarris-b8x 6 дней назад

    Fantastic video! The way you explained was so clear and insightful, I can’t wait to see what you cover next! Your approach to breaking things down always helps me understand complex topics better. Step Finance has definitely caught my eye lately-could you dive into them soon? 👀

  • @3d3n-w5l
    @3d3n-w5l 9 дней назад

    Thanks for the update good summary of the economic situation of the year

  • @JL-ds1pi
    @JL-ds1pi 7 дней назад

    I love this channel.

  • @macriro00
    @macriro00 10 дней назад

    Thank you!!! Enjoy your January holiday!

  • @jenkins5265
    @jenkins5265 9 дней назад

    Almost at 1 mil Richard!!!

  • @Icarus1234
    @Icarus1234 10 дней назад +3

    I wouldn't mind if you brought back market review. This is a finance channel and numbers cannot hurt finance conneoisseurs

  • @jeremysiegelman9131
    @jeremysiegelman9131 10 дней назад

    this is like a year long marketing monday summary i love it

  • @Jos_Louis
    @Jos_Louis 9 дней назад +1

    4:01 One minor correction - the capital gains inclusion rate change has not actually technically been passed into law. At the present moment, CRA has issued guidance to taxpayers that they should assume it WILL come into law, and when it does finally become law, it will be RETROACTIVE to the June 25, 2024 date. Accordingly, many taxpayers has taken actions assuming it will become law, but given the current pressure on the Federal Liberal government, there's a chance that if an election is called before this becomes law, this rule change will never actually come to pass.
    At that point, people that will have assumed that they were subject to the 2/3 inclusion rate rule change will then be entitled to a recovery of the extra taxes paid.

  • @horse_money
    @horse_money 9 дней назад

    Excellent information as always. 16,000 more to a million subs!👏🐴

  • @ominollo
    @ominollo 9 дней назад

    Thanks Richard !

  • @thespudofspuds8798
    @thespudofspuds8798 10 дней назад

    Incredible content as always!

  • @96moliveira
    @96moliveira 8 дней назад

    Amazing work

  • @JonathanParsons.
    @JonathanParsons. 10 дней назад

    Great recap of the year!

  • @Alex-mv4kb
    @Alex-mv4kb 9 дней назад

    Awesome video 🎉

  • @Fhnsgkdfkvsgmvdg-y6u
    @Fhnsgkdfkvsgmvdg-y6u 9 дней назад

    Thanks.

  • @bjk837
    @bjk837 10 дней назад +1

    I see Plain Bagel. I click!

  • @iamverybigsad
    @iamverybigsad 10 дней назад

    love this format, please keep on doing something like this every year! Perhaps even could be longer than 10 minutes

  • @youtubeus3rname
    @youtubeus3rname 10 дней назад

    Lovely recap, thank you.

  • @Flaccid_Banana
    @Flaccid_Banana 10 дней назад

    I saw this, rubbed my hands together then said “this is going to be a banger”

  • @VaibhavILRe
    @VaibhavILRe 10 дней назад

    You are my favorite youtuber.

  • @omarkraidie
    @omarkraidie 9 дней назад

    Cant wait for the end of 25 year video were you show us finely aged wine

  • @Youmu_Konpaku_
    @Youmu_Konpaku_ 10 дней назад

    Entertaining as usual, amazing work Sir

  • @212121Omar
    @212121Omar 8 дней назад

    Nice!👏👏

  • @mm-it7tv
    @mm-it7tv 10 дней назад

    obsessed with your sweater

  • @cc-to2jn
    @cc-to2jn 10 дней назад

    this was awesome!

  • @HarvestStore
    @HarvestStore 10 дней назад

    Great video.

  • @hazardousmaterial5492
    @hazardousmaterial5492 10 дней назад +1

    For me, it was the year of the silent recession

  • @25andinvested
    @25andinvested 10 дней назад

    I could sleep the whole year! Watch one video and be completely set and no better off at the same time.....

  • @steviehowie
    @steviehowie 9 дней назад +1

    hahah 2:07 i heard “the porky billionaire” at first

  • @lunadoll5204
    @lunadoll5204 9 дней назад

    “That’s still water…” so plain Mr. Bagel

  • @CraigAnderson-k4b
    @CraigAnderson-k4b 4 дня назад

    Yo, Step seems 🔥. What’s the best feature?

  • @Hypocricid3
    @Hypocricid3 10 дней назад +1

    Damn, time flies

  • @ImAMassiveBender
    @ImAMassiveBender 10 дней назад

    YAASS. It's rewind time

  • @jarotheenjoyer
    @jarotheenjoyer 9 дней назад

    Sam Bankman-Fried? More like Sam Bankman-Jailed.

  • @blakedake19
    @blakedake19 10 дней назад

    mr bagel you are allowed to crack a smile in the thumbnail lol

  • @overcaffeinatedengineering
    @overcaffeinatedengineering 10 дней назад

    Is this the video encoder challenge sweater? That's a lot of fine details 😂

  • @318ishonk
    @318ishonk 9 дней назад

    good outro 🙂

  • @asherrevises8601
    @asherrevises8601 10 дней назад +3

    really hope you managed to cover hawk tuah coin

  • @oyuyuy
    @oyuyuy 9 дней назад +1

    I don't know if there's any secondary purpose of crypto but holding it solely for the sake of mocking finance bros whenever it's up is more than enough if you ask me!

  • @alexc6926
    @alexc6926 10 дней назад

    Great videos like always. One that I think you should also be keen on is possible another war breakout around Horn of Africa with Egypt, Somalia, Ethiopia, and Turkey. Still developing situation always flipping around. Also another one I think should talk about the mass global boomer retirement increasing across the world meaning capital crunch and inflated stocks due to them putting them in ETFs and index funds. There’s been a bunch of glares of this like Platanir and other in which the end goal of a company is just listing on SP even when it’s not the best time and not true value as they’ll increase gradually due to ETFs becoming larger share. Also possibility even with or no end to Ukraine war to global oil supply/routes such as pipeline clogs that take years to build, regional flares up and instability

  • @SirPsychoMusic
    @SirPsychoMusic 7 дней назад

    best finance channel and it's not even close

  • @drustan6890
    @drustan6890 9 дней назад +1

    Why does btc reaching $100k hurt ?

    • @XxChuyoxX
      @XxChuyoxX 3 дня назад

      Because he was wrong. As he usually is about Bitcoin

  • @1adog1
    @1adog1 9 дней назад

    "We made it to the end of 2024!"
    We still have two weeks to go, don't jinx it!

  • @SusCalvin
    @SusCalvin 8 дней назад

    It would be nice to know if the USA wants the dollar to remain the reserve currency or not. There's talk about various restrictions on the dollar, a reduced outflow of dollar, devaluation but also signals that we shouldn't even think about avandoning it.

  • @sinisterai
    @sinisterai 10 дней назад

    No mention of the "hwak tua" girl's failed coin bid. otherwise a good yearly round up there Ricky three thumbs up

    • @jordangramer2145
      @jordangramer2145 10 дней назад +2

      It didn’t fail. She rug pulled right after it gained traction. She did exactly what she meant to

  • @alexkoch_14
    @alexkoch_14 10 дней назад

    Looking back, it’s wild how much drama and fear these events created. Yet didn’t mean much in the grand scheme of things. When in doubt; zoom out.

  • @BholewalaofTaranto1098
    @BholewalaofTaranto1098 10 дней назад

    Okay folks, the only way I see getting him back for the year is to create a PlainBagel coin and have it go up by 10000%.
    Then mayyyyyyyyybe we get another video in '24.

  • @todo9633
    @todo9633 10 дней назад

    It feels like it's been the year of crypto for the last three years.

  • @m.h.f3350
    @m.h.f3350 10 дней назад

    Doooomed, dooomed 👽
    We are all dooomed.

  • @MoneyMastery-YTchannel
    @MoneyMastery-YTchannel 14 часов назад

    Thank you for the videos.

  • @bobu900
    @bobu900 7 дней назад

    Can you make a video about the book “The Deficit Myth”. Would love to hear your thoughts.

  • @streettrialsandstuff
    @streettrialsandstuff 10 дней назад

    This world gives me ROMO (Regret Of Missing Out) time and time again.

  • @will9134
    @will9134 9 дней назад

    Need to do this to ‘We Didn’t Start the Fire’ by Billy Joel.

  • @anthonypicotte8034
    @anthonypicotte8034 10 дней назад

    Where did you get that sweater? Looks good

  • @lemmingsgopop
    @lemmingsgopop 10 дней назад

    What are the chances that stays water for each of the next 4 years?

  • @ulogy
    @ulogy 10 дней назад

    Also surprised no mention of Freeland seeming to throw a molotov into parliament as she stepped down.

  • @MrAwesomestar7
    @MrAwesomestar7 10 дней назад

    Would you be able to go over the impacts of Ford's Bill 212 from a financial perspective.

  • @dcoxinator
    @dcoxinator 10 дней назад

    Can you make a video on Supermirco?

  • @TheGIGACapitalist
    @TheGIGACapitalist 10 дней назад +5

    Nothing says Canadian content creator better than a year long recap that doesn't mention Canada at all lol

    • @ThePlainBagel
      @ThePlainBagel  10 дней назад +3

      I could have sworn 3:34 was a picture of our President

    • @MrAwesomestar7
      @MrAwesomestar7 10 дней назад +1

      Bro didn't watch the video at all

    • @OG_McLovin
      @OG_McLovin 10 дней назад

      ​@@ThePlainBagelThat's a governor

    • @3_character_minimum
      @3_character_minimum 10 дней назад

      To be fair...
      It was jn the context of the US view of Canada, rather than the Canadian shit show.

    • @ILoveTinfoilHats
      @ILoveTinfoilHats 10 дней назад +1

      Nothing says Canadian investor better than investing entirely in US stocks as the CAD further falls