‘I’ve never seen anything like it’: 2020 smashes records in global markets
From worst crash in a generation to record highs on news of a Covid vaccine, experts review the rollercoaster that was 2020
2020 has been the most remarkable year for the global financial markets. After the Covid-19 pandemic triggered the worst crash in a generation, unprecedented stimulus measures and vaccine breakthroughs have sent stocks roaring back to record highs.
In a year in which at least 1.7 million people died from coronavirus and unemployment soared in a global recession, world stock markets are ending 2020 up 13% – despite the latest surge in cases forcing further lockdowns this winter.