Today, March 21st is the one-year anniversary of the fastest bull-to-bear market, i.e. market bottom, on record.
We experienced a lot during the past year, as stocks, commodities, and long-term yields have come a long way thanks to better economic prospects, historical fiscal spending, and broad central
bank monetary policy accommodations. The global economy has massive strides in getting back to normal, although the recovery is still uneven and partial. The labour market, which suffered the most, will remain sluggish as so many people left the labour force and as the industry could go through massive changes, especially the service sectors….
