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2022: an unexpected first quarter

With rising inflation and Russia’s recent invasion of Ukraine, it would be surprising if stock markets had carried on posting fresh gains in the first quarter of 2022, but while most registered modest falls, all markets ended in the black.

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US market storms ahead

While the US has reeled economically from the impact of Covid-19, the main US stockmarket index has hit record highs. What explains this divergence?

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Bounce back quarter

The second quarter saw stock market recovery after the Covid-19 shock, but not to previous levels or directions.

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