The massive fiscal stimulus and ultra-accommodative monetary worldwide sent stocks and other risk assets soaring in 2021. As a result, the S&P 500 index ended the year with a 26.9 percent gain. The S&P 500 made 70 record highs in 2021, the second-most of any year in history (1995 had 77). Currencies & CryptosThe US dollar index ended 2021with a 6.4 percent gain, registering its best year since 2015. China stocks’ biggest one-day surgeChinese companies publicly traded in the US posted their biggest one-day surge since 2008.

Source: Philippine Star January 02, 2022 17:57 UTC