To analyse the changes in the equities market since the start of the year, we will be using the MSCI All Country World Index ETF[1] as an indicator of the overall health of the financial markets. The ETF went down by 33% from 19 February to 23 March but recovered by 41% as of 11 July.
Source: Google Finance
As mentioned before[2], both have continued to follow the same trend. The stock market has largely climbed back up, but the economy is still floundering as of now.
Source: Google Finance
However, if we were to zero in on the last 2 weeks, we will be able to see that the stock market has climbed about 4%. There are several reasons that led to this climb.
The negatives these past 2 weeks
The first negative cause that impeded the growth of the stock market would be the rising number of Covid-19 cases in the US over the past 2 weeks....