November was a strong month for stock and bond markets following announcements of positive test results for COVID-19 vaccines.
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October was a down month for nearly all equity market indices we track, with emerging markets being one of the few positives.
September was a down month for nearly all equity market indices we track, the first negative month after five consecutive positive months.
Nearly all major equity markets continued their recovery from the difficult first quarter of 2020.
July saw equity markets continue their recovery, with some even turning positive for the year.
March was the worst month for global stock markets since the 2008-09 financial crisis. Bonds were down a little, while oil halved (!) in price as COVID-19 shutdowns decimated the demand for oil.
February was a down month for nearly all equity market indexes as the corona virus continued to spread around the world.
December was a good month for most equity markets, while one of the best performing asset classes in 2019, REITs, took a breather.