2022 Over and Out

January 06, 2023

Good Morning,

Happy New Year, and we hope you had a great Christmas!!!

Welcome to our special 2022 recap edition. This edition will include an overview of the markets in 2022, a recap of what the newsletter achieved and what is planned for 2023.

We will be back to our regular daily updates Monday to Saturday on the 9th of January.

Let's jump in.

Before The Bell - 2022 Recap

Markets

  • To recap the market movements this year:

    • The NZX finished down 12.8%

    • The ASX finished down 5.5%

    • The Dow, S&P and Nasdaq lost 8.8%, 19.4% and 33.1%, respectively

    • The pan-European Stoxx 600 lost ~12%

    • The FTSE broke the trend and rose 0.9%

    • The NZ 10Y finished at 4.49%, up 216.5bps

    • The Aussie 10Y finished at 4.06%, up 238.0bps

    • The US 10Y finished at 3.88%, and the 2Y at 4.42%. The 10-2 yield curve remains inverted, as it has been since July 2022

    • Bitcoin took a big L, down 64.3%

  • The main factors affecting the market were:

    • The Russian-Ukraine war

    • Sky high inflation

    • Large rate hikes by central banks

    • Covid restrictions in China

    • The crypto meltdown

Thanks for 2022

The Daily Deck started back on August 23rd, and we now have 100 subscribers with a read rate of more than 60%. The main aim of this newsletter is to summarise financial news simply, with a particular focus on the Australian and New Zealand markets. The team has been happy with the buy-in we have received so far from both students and professionals. If you haven't yet subscribed, what are you waiting for???

The idea of this newsletter is not to dive deep into interest rates or provide financial advice. We are simply summarising financial news in a way that is quick and easy to read and can add value. We are here for the bankers and investors who are getting swamped by a live deal so they can still follow the news. The intern who wants to be on the top of their game. The university students that are cramming for exams or out partying so they can also prep for their interviews. The individuals who don't work in finance but want a short brief on what is happening in the markets. This is who we are here for!

It has been great to receive feedback from readers about how they have used our newsletter at work or in an interview and how their knowledge of the latest financial news helped them.

But this is just the start. We have some big plans for 2023. We have added two new features to this newsletter which will continue throughout the year. One of these is polls which we will be included in every edition. These will allow us to gain crucial feedback to ensure we are always improving. The next feature you will see is the Daily Picks section. This section will include a wide range of recommendations from the team. These will often be links to articles we think are worth a read if you have some spare time, but they will also include other recommendations. Some more new features that we are very excited about will also be debuting soon, so keep your eyes peeled for more news.

Additionally, we will have a much more significant presence on our Instagram account, and we look forward to connecting with you on this platform. If you're not following the account, go and give it a follow.

Please reach out if you are aligned with our vision and want to get involved in any capacity with the next stage of the Daily Deck.

Lastly, we just want to say a big thanks to you, our readers, for helping us to achieve what we have so far!!!

Daily Picks

  • AFR complied their ten predictions for IPOs in 2023. Check it out here

  • Bloomberg assembled an extensive list of '2023 Market Outlooks' from various investment banks and asset managers. Check it out here

  • NBR reviewed 2022 and created a list of 2023 stock picks from various fund managers. It also includes a 2023 Market Outlook. Check it out here

Love our newsletter? Please share it with your friends, family, colleagues or anyone who needs to stay on top of the market.

Also, if you have any feedback or questions, don't hesitate to hit us up via email or Instagram.

The Daily Deck is sponsored by Industrial Equity, LLC

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