☕ Prayers for Hamlin

Buffalo Bills’ player Damar Hamlin collapses midgame... January 03, 2023 [View Online]( | [Sign Up]( | [Shop]( [Morning Brew]( TOGETHER WITH [Fundrise]( Good morning and Happy New Year! It feels great to be back on the keys after the break. Thanks as always for reading—we’re grateful that you spend your mornings with us. Fun fact: We’re now just as close to the start of 2050 as we are to the start of 1996. —Neal Freyman MARKETS: YEAR-TO-DATE Nasdaq 10,466.48 --% S&P 3,839.50 --% Dow 33,147.25 --% 10-Year 3.831% -- bps Bitcoin $16,720.83 --% Oil $79.71 --% *Stock data as of market close. [Here's what these numbers mean.]( - Markets: One of the best things about New Year’s is the opportunity for a fresh slate. Let’s hope this empty-for-now Markets graphic fills up with more green than in 2022, when the S&P suffered its worst year since the financial crisis of 2008. This week will be a short one for investors, since markets were closed yesterday for the New Year’s holiday.  SPORTS [Bills player collapses midgame, is in critical condition]( [Buffalo Bills players and staff kneel together in solidarity after Damar Hamlin #3 sustained an injury during the first quarter of an NFL football game]( Kevin Sabitus/Getty Images Buffalo Bills safety Damar Hamlin is in [critical condition]( at a Cincinnati hospital after he suffered cardiac arrest in the first quarter of last night’s NFL game, according to the Bills. The game, a highly anticipated Monday Night Football matchup between the Bills and the Cincinnati Bengals, was suspended by the league just over an hour after the incident occurred. What happened: After Hamlin took a hard hit while tackling Bengals wide receiver Tee Higgins, he stood up for several seconds and then fell to the ground. Medical personnel rushed to attend to Hamlin, administered CPR, and gave him oxygen before he was taken off the field in an ambulance, per the ESPN broadcast. During those moments, “this went from a sports story to a news story, from a sporting event to a matter of life and death,” announcer Joe Buck said on ESPN. Players became emotional on the field, praying together for Hamlin’s health. The NFL also drew criticism for its handling of the situation The ESPN broadcast booth said that shortly after the incident, players were given five minutes to warm up before play would restart. Then, the coaches of the two teams met and the players left the field. Many sports analysts and fans questioned why it took so long for the NFL to postpone the game, arguing that the players were clearly in no condition to resume playing after witnessing Hamlin receive CPR on the field. Big picture: This frightening moment was a reminder of the violence inherent in one of the world’s biggest entertainment properties, and how the players are, in the end, humans—not just items on a fantasy football roster. And Hamlin appears to be a person who’s especially generous. Starting in 2020, Hamlin raised money to run a toy drive for children in his Pennsylvania hometown. In the hours following his collapse, fans found the [original GoFundMe]( for the event (initial goal: $2,500) and contributed more than $3 million in donations. �  �  �  mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=Bills%20player%20collapses%20midgame%2C%20is%20in%20critical%20condition%3A%20https%3A%2F%2Fmorningbrew.com%2Fdaily%2Fstories%2F2023%2F01%2F03%2Fdamar-hamlin-collapses-during-nfl-game-in-critical-condition%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Daily%20Brew%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3Da905682a%26utm_source%3Demail_share%0A TOGETHER WITH FUNDRISE [Invest smarter, not harder]( [Fundrise]( There are a lotta ways to diversify your portfolio, but not many that are built specifically to protect your investment as much as they are to capture growth. There is one alternative investment manager to put on your radar that stands above the rest. We know what you’re thinking: In this economy? That’s right—we’re talking about Fundrise. With a decade-long track record of outperformance through various market environments, they can help you invest smarter by adding real estate private equity to your portfolio. Even better, Fundrise expects 2023 to be one of the most opportune real estate investing environments of the last decade. Find out how [Fundrise’s real estate portfolio]( is well positioned for the long haul and [join over 350k other investors here](. WORLD [Tour de headlines](#) [President of Brazil Luiz Inacio Lula da Silva greets supporters]President of Brazil Luiz Inácio Lula da Silva greets supporters after his inauguration ceremony. Andressa Anholete/Getty Images Sidelined world leaders make their return. Leftist politician Luiz Inácio Lula da Silva (aka “Lula”) was [sworn in]( as Brazil’s president on Sunday, returning to the position he once held after defeating incumbent Jair Bolsonaro in a bitter election in October. In Israel, Benjamin Netanyahu was once again sworn as Israel’s prime minister after forming the most conservative coalition government in the country’s history. Times Square attack suspect arrested. A 19-year-old man was [charged]( with attempting to murder police officers after attacking them with a machete in NYC’s Times Square on New Year’s Eve. A senior law enforcement official said the man, Trevor Bickford, who is believed to have traveled from Maine to NYC to carry out the attack, was motivated by Islamic extremism. Bickford had been reportedly placed on the FBI’s terrorist watch list, per CNN. Tesla’s on the struggle bus. The automaker [delivered]( the most vehicles it ever had in a quarter—405,278 in Q4—but that 11% jump from Q3 still came up short of expectations. Investors have sent Tesla shares down 54% in the past three months due to concern not only for Elon Musk’s preoccupation with Twitter, but also signs of softer demand for Tesla cars. Tesla rolled out an end-of-year $7,500 incentive for some models to juice sales. STOCKS [Stocks could languish again in 2023]( [GIF of John Michael moping around in Arrested Development]( Arrested Development/20th Television via Giphy Stocks are coming off their [worst year]( since 2008 due to investors misjudging how high inflation would soar and the lengths central banks would go to bring it back down. The headline stat: Global equities lost a record $18 trillion in 2022 amid nearly 300 interest rate hikes from central banks around the world. But not all stocks were clobbered equally by Jerome Powell and Co.: High-growth tech companies that got a boost from an era of low interest rates got rocked the most in what some are calling the sequel to the bursting of the dot-com bubble in 2000–01. The tech-heavy Nasdaq posted four straight negative quarters for the first time since that crash. Others survived [unscathed](. The energy sector soared 59% last year thanks to a boost from surging oil prices. Exxon Mobil finished the year as the eighth-most valuable public company in the US, despite starting 2022 outside the top 25. So what will this year hold? No one really knows, but analysts generally think stocks will go sideways, weighed down by more rate hikes and a potential recession. The average Bloomberg projection for the S&P at the end of 2023 is 4,009 points (the index closed 2022 at 3,839.50). Another down year would be extremely rare: The S&P has dropped for two consecutive years in just four instances since 1928. �  �  �  mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=Stocks%20could%20languish%20again%20in%202023%3A%20https%3A%2F%2Fmorningbrew.com%2Fdaily%2Fstories%2F2023%2F01%2F02%2Fstocks-could-languish-again-in-2023%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Daily%20Brew%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3Da905682a%26utm_source%3Demail_share%0A CALENDAR [The week ahead](#) [GOP Leader Kevin McCarthy]House GOP leader Kevin McCarthy. Kent Nishimura/Los Angeles Times via Getty Images New year, new Congress: The 118th Congress will convene today. In a switch-up from the last two years, the GOP has control of the House (but the Dems retained their majority in the Senate). Some key things to watch: whether Kevin McCarthy will be chosen as Speaker of the House today, all the investigations to be launched by Republican lawmakers, and what happens to GOP Rep. George Santos, who admitted to falsifying a significant amount of his background. Vegas electronics show kicks off: CES, the biggest consumer tech show on the calendar, will return in [full force]( starting on Thursday. Companies in this hard-hit sector will show off their futuristic gadgets—some useful, others gimmicky. Spring break in China? On Sunday, China will no longer require travelers entering the country to [quarantine](, and will also loosen restrictions on outbound travel. It’s the latest step in China’s chaotic reopening in a bid to revive its economy that has unleashed a massive Covid wave. Everything else… - Pelé’s coffin will be carried through the streets of Santos, Brazil, today before the late soccer legend is buried. A 24-hour public wake was held yesterday. - The December jobs report is on Friday. - Northern Californians who have already been pummeled with extensive flooding recently have been [warned]( about another powerful atmospheric river that will dump even more rain on the region. FROM THE CREW [The Crew]( Join the over 450k people who read [Emerging Tech Brew](, a newsletter delivering the latest tech news right to your inbox. From drones to AI, if it affects your world, we’ve got you covered. Best part? It’s free and takes only 5 minutes to read. [Subscribe here](. GRAB BAG [Key performance indicators](#) [Sam Bankman-Fried leaving federal court in Manhattan]David Dee Delgado/Getty Images Stat: Crypto implosions, yacht seizures, tech stock wipeouts—it was [hard out there]( for a billionaire last year. The world’s 500 richest people lost a collective $1.4 trillion in net worth in 2022, according to Bloomberg. Due to Tesla’s stock wipeout, Elon Musk became the first person in history to lose more than $200 billion. Quote: “We plan to have a clear-eyed, transparent view of what went wrong while still fresh in everyone’s memories.” Southwest Airlines COO Andrew Watterson told employees that he and CEO Bob Jordan are going to [launch a postmortem investigation]( into the airline’s holiday season meltdown. After canceling thousands of flights and stranding customers and their luggage last week, the company said yesterday it had returned to a normal schedule. Read: The case against sending humans to Mars. ([Idle Words]() WHAT ELSE IS BREWING - [Russia]( issued a rare acknowledgement that 63 of its soldiers had been killed by Ukraine in a New Year’s Eve strike on barracks in the occupied city of Donetsk. - [Twitter]( is being sued for not paying $136,260 in rent on its SF office space. - [Martina Navratilova]( has been diagnosed with both breast and throat cancer. In a statement, the tennis legend said the prognosis was good. - [The actor Jeremy Renner]( is in critical condition, but stable, following a snow-plowing accident on Sunday. BREW'S BETS Dive back into 2023. - Shallow dive: [Popcorn perfection]( - Medium dive: Is the truffle industry a [big scam](? - Deep dive: Watch a kid [build a log cabin]( - Cannonball: A [scatter plot]( of music genres (and a [bonus article]( about it) Resolve to be better in 2023: This [free booklet]( will allow you to reflect on last year and plan for the year ahead. Prioritize your mental health this new year: Taking care of yourself matters, and [BetterHelp]( can connect you to a therapist who fits your needs within 48 hours—without having to leave home. [Get 25% off your first month](.* *This is sponsored advertising content. GAMES [The puzzle section](#) Brew Mini: Make it one of your New Year’s resolutions to keep your mind sharp with word puzzles. [Start with the Brew’s Mini crosswords](. 1923 trivia We don’t know yet what’ll unfold in 2023, but we do have a pretty good handle on what happened 100 years ago. Here are five questions about 1923. - There were two US presidents in 1923. Can you name one? - Which famous US sports venue hosted its first game that year? - Construction began on a famous harbor bridge in which city? - Siblings Harry, Albert, Samuel, and Jack founded which entertainment company? - 1923 is a Western drama that premiered a few weeks ago on Paramount+. What show is it the prequel of? AROUND THE BREW [Do you need a social media policy?]( [Do you need a social media policy?]( New year, new corporate social media policy: [This guide]( covers the top things HR professionals should consider before implementation. Listen to [Business Casual]( to hear about the most important business topics shaping your life. Is that upcoming performance review making you stress? Morning Brew’s one-week virtual course, Difficult Conversations at Work, will help you tackle the tough stuff with ease. [Register today](. SHARE THE BREW [Share Morning Brew]( with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag. We’re saying we’ll give you free stuff and more friends if you share a link. One link. Your referral count: 0 [Click to Share]( Or copy & paste your referral link to others: [morningbrew.com/daily/r/?kid=a905682a]( ANSWER 1. Warren G. Harding and Calvin Coolidge (Harding died in August.) 2. Yankee Stadium 3. Sydney, Australia 4. Warner Bros. 5. Yellowstone Bonus treat for making it to the bottom of the newsletter: [predictions]( about 2023 from 1923. � � � � � Written by [Neal Freyman]( Was this email forwarded to you? Sign up [here](. Take The Brew to work - Marketers: [Marketing Brew](  [Future Social]( - Corporate: [CFO Brew](  [HR Brew]( - Tech: [IT Brew](  [Emerging Tech Brew]( - Retailers: [Retail Brew]( - Healthcare: [Healthcare Brew]( Get smarter in just 5 minutes - Money & Career: [Money Scoop](  [Money With Katie]( Business education without the BS - Programs in [Business Essentials](, [Analytics](, and [Leadership]( Interested in podcasts? - Check out ours [here]( [ADVERTISE]( // [CAREERS]( // [SHOP]( // [FAQ]( Update your email preferences or unsubscribe [here](. View our privacy policy [here](. Copyright © 2023 Morning Brew. All rights reserved. 22 W 19th St, 4th Floor, New York, NY 10011