It was with some relief that we finally got to the end of 2020. The speed of the impact of the pandemic and then the record global government spending and central bank monetary stimulus to address the ensuing world-wide recession was truly epic.
After collapsing in March, investment markets rallied back their losses and finished the final quarter of the year on a strong note. Investor enthusiasm continues to be buoyed by all the government spending (and with more to come) and the promise of a sustainable economic recovery as vaccine rates now accelerate.
Posted: Mon 18 Jan 2021