Market Matters: December 2020
The risk rally continued in fourth quarter, bolstered by COVID-19 vaccine progress and multiple new stimulus measures.
The risk rally continued in fourth quarter, bolstered by COVID-19 vaccine progress and multiple new stimulus measures.
Global equities ascended to new all-time highs in November, delivering their best monthly return since 1975.
Risk assets generally sold off in October, but investors found little respite in traditional safe-haven assets.
Risk assets rallied again in third quarter, notwithstanding declines in September.
Global equities surged higher in August.
Global risk assets advanced in July, extending the prolonged market rally that began in late March.
Risk assets broadly rallied in second quarter, sharply reversing course after experiencing extraordinary market turmoil in February and March.
Risk assets advanced again in May, building on April’s strong price momentum.
Most risk assets surged in April, partially recovering from steep losses during first quarter’s volatile market environment. Global equities bounced back with double-digit gains, driven largely by US shares.
Global risk assets suffered major drawdowns comparable to the global financial crisis in first quarter.