It’s hard to believe that COVID first hit just over three years ago.
After the original shock that the pandemic caused, especially when lockdowns were put in place in large parts of the world in early 2020, markets, rather than continuing to crash, instead surged higher.
Stimulus programs from both central banks and central governments, which were enormous in scope, were the primary cause of this surge, with the vast quantity of dollars fed into the system leading to one of the biggest rallies in the share market, cryptocurrencies, and even real estate on record.
Since late 2021 it’s been tough going though, with the last twelve or so months particularly challenging for most investors.
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