2024 - The Financial Year in Review
Patrick Boyle On Finance
Patrick Boyle
4.9 • 308 Ratings
🗓️ 1 January 2025
⏱️ 21 minutes
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Summary
Here's a look back on some of the most impactful events in markets during 2024.
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Transcript
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| 0:00.0 | 2024 was an eventful year in both finance and rap music. |
| 0:05.2 | Just a year ago when people mentioned the Met Gala, we assumed that they were referring to the annual charity fashion event in New York. |
| 0:12.9 | Just one year later, we assumed that they're talking about lunchtime at the Metropolitan Detention Center in Brooklyn, where SBF Diddy and Luigi Manjoni |
| 0:22.9 | host one of the most exclusive parties in the world. It's one of the few parties where it's |
| 0:28.0 | harder to leave than to get in. And who knows who'll be on the guest list next year. |
| 0:33.5 | 2024 was a year of wars, elections, natural disasters. We saw solar eclipses, bridge collapses, |
| 0:41.0 | and worried about mysterious drones. Jay-Z realized that he had reached 100 problems this year, |
| 0:48.4 | and the less that we say about that, the better. |
| 0:51.3 | 2024 got off to a dramatic start when on New Year's Day Japan was shaken by a 7.5 |
| 0:57.7 | magnitude earthquake, which collapsed buildings, caused fires and triggered tsunami alerts, |
| 1:04.0 | prompting orders to evacuate coastal areas of Japan. |
| 1:08.0 | Later that month, we learned that while air travel is the safest form of mass |
| 1:13.2 | transportation, that's only the case when the airplane's doors have been properly attached. |
| 1:18.8 | Early in January, an Alaska Airlines flight was forced to make an emergency landing when a |
| 1:24.6 | door plug fell off of the plane mid-air. Boeing stock price fell 10% that day, |
| 1:30.6 | as investors worried that the planes had the build quality of a cyber truck. Fortunately, |
| 1:36.2 | none of the passengers or crew experienced serious injuries, but one YouTuber did get his |
| 1:41.8 | fingers stuck in the door of the luggage compartment. |
| 1:45.1 | Towards the end of January, a Delaware judge ruled against Elon Musk's $56 billion pay package, |
| 1:52.0 | ruling that the share grant was a controller conflicted transaction, |
| 1:56.1 | as Tesla's directors were not independent, did not engage in an armed-length negotiation, |
| 2:02.8 | and that the shareholder vote was not fully informed of these conflicts. |
... |
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