2022 Market Review: Most Memorable Moments

The video discusses the unprecedented central bank tightening in 2022, with nearly every central bank hiking rates significantly. It highlights past comments from central banks like the ECB and RBA, which underestimated the need for rate hikes. Mark and Valerie discuss potential acronyms for 2022, with Mark suggesting 'Inflation Indigestion 2022'. Valerie shares her memorable moments, including the Bank of Japan's FX intervention and a week in June when multiple central banks made surprising moves. The year was marked by significant financial events, leaving many exhausted.

What was the significant action taken by central banks in 2022?

• They hiked interest rates by over 250 basis points.

• They maintained interest rates at a constant level.

• They reduced interest rates significantly.

• They introduced new currency notes.

What was the ECB's initial stance on rate hikes in 2022?

• They had no plans regarding rate changes.

• They intended to cut rates.

• They planned to hike rates aggressively.

• They thought it was premature to price in hikes.

What acronym did Mark come up with for 2022?

• I I Tutu

• Tightening 2022

• Inflation Year

• Rate Hike 2022

What was Valerie's memorable moment related to the Bank of Japan?

• They reduced interest rates.

• They conducted a major FX intervention.

• They hiked rates like the rest of the world.

• They introduced a new currency.

Which central bank action in June was unexpected?

• The ECB's decision to cut rates.

• The Fed's decision to go 75 basis points.

• The Swiss National Bank's decision to reduce rates.

• The Bank of England's decision to maintain rates.