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The 2021 Yearly Roundup - A Year in Review A Year in Review - Top 5 Stories of the Year - YouTube
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2021 is almost over and what a year it
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has been between covid housing
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employment and the economy there have
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been lots of ups and downs for all of us
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and in the midst of that we started the
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weekly roundup back in february to help
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consumers try and make sense of
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everything
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so today rather than doing a recap of
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the relevant financial stories of the
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week we're going to close out 2021 by
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looking back at the five stories that
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not only define the year but will likely
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continue to affect all of us going into
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2022.
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this is your yearly roundup
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[Music]
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coinbase a cryptocurrency started
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trading on the nasdaq this week the
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startup is the first major
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cryptocurrency company to go public and
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because you can trade crypto 24 hours a
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day seven days a week many applications
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like paypal sofi they're offering you
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the ability to trade at all hours of the
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day
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and night
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stimulus funds they're being spent
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retail sales are up because of that 600
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dollar stimulus check
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retail sales up 5.4 percent in january
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driven by large increases in appliance
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sales and electronics those of us who
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have watched the weekly roundup for a
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while should recognize michael
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micheletti the first host and the man
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behind this whole show
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when he left to pursue a new opportunity
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we couldn't just let the weekly roundup
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fade away so i was asked to step in
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and with me came a lot of really bad
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jokes
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[Music]
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the consumer price index rose more than
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half a percent in may it may not sound
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like a lot but it means that inflation
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over the last 12 months reached five
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percent that's the highest rate since
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2008
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that five percent easily outpaces the
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annual pay raise for the average
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american worker
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the good news experts predict inflation
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will subside at least somewhat in the
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months ahead as supply for products
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catches up with demand and temporary
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shortages fade away
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looking at you lumber it's always hard
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to watch clips from the early days
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well anyway we covered inflation so many
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times this past year it could have
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really had its own dedicated segment
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that story from june predicted inflation
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subsiding but no such luck so far
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right now it looks like we might still
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be dealing with it well into 2022. our
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number two story and what's being called
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the great resignation 95 of workers are
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considering changing jobs according to a
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recent report as the economy reopens
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many people don't want to go back to
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commuting while others are burned out
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from working long hours while balancing
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child care and remote school
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but employers are looking to accommodate
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9 out of 10 businesses say they will be
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combining remote and on-site working we
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also discussed the job market several
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times this year and how it's really in
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favor of job seekers with companies
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offering more benefits than ever to
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allure workers
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meaning this is really a big time for a
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lot of people to quit their jobs and
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find new work
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[Music]
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federal regulators granted full approval
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to the pfizer coronavirus vaccine this
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week this approval marks a milestone
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that could spark a wave of vaccine
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mandates by employers around the country
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amid the surge of the delta variant that
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concludes our top five stories for the
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year and it was really hard to narrow
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them all down we left a lot on the
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cutting room floor
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which brings me to my question if you've
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been watching this show for a while do
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you have a favorite moment or story from
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this year that you feel like we should
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have included or just that stands out to
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you if so let me know in the comments
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i'd i'd love to hear what you liked the
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most about the show as we wrap up this
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year i just want to say thank you for
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watching this show and be sure and
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continue tuning in next year as we
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continue to make the show even better
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and present relevant financial stories
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that could affect your personal finances
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i'm alex with freedom financial network
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and this has been your yearly roundup
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i'll see you next year
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some strong iced tea
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