In this episode of The Plain Bagel, host Richard Coffin reviews the key financial and economic events of 2024, starting with the SEC's approval of Bitcoin spot ETFs and Evergrande's liquidation. He covers Sam Bankman-Fried's sentencing, the Israel-Hamas conflict, and changes to Canada's capital gains tax. The episode also touches on the meme stock frenzy led by Keith Gill, the debunked Saudi petrodollar rumor, and NVIDIA's rise due to AI demand. Richard discusses the Great Unwinding, Federal Reserve rate cuts, China's stimulus measures, and tech advancements from SpaceX and Tesla. He also covers Donald Trump's re-election, the ongoing Russia-Ukraine war, and changes in SEC leadership, ending with Bitcoin's surge and the Syrian civil war. The episode concludes with a look ahead to 2025, highlighting potential geopolitical conflicts, trade wars, and the growth of AI and pharmaceuticals.
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