What an amazing year 2020!
With the Covid-19-induced equity market crisis of March 2020 firmly in our rearview mirrors, it is high time that we perform our usual Annual Market Review for the year 2020.
Before delving into the usual review format, I think a couple of pictures probably speak louder than any words when trying to describe the investor experience in 2020. Collectively, investors needed first to undergo the experience depicted in the picture below in the first quarter of 2020:
Luckily, though, long-term investors who held onto their investments were rewarded with the following experience when 2020 ultimately came to a close:
Please find the usual in-depth market review by clicking here or by clicking the picture below. A new browser window will open with the usual market review pdf format.
Enjoy the read and stay safe!