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Global Equities Still Well Above COVID Lows

Three-line chart showing cumulative performance of global equity indexes in recent years. Chart subtitle: Despite the year-to-date correction, equity markets remain well above early 2020 lows. Chart visual description: Y-axis is labeled Cumulative Return and ranges from -40% to +60%. X-axis shows months from December 2019 to June 2022, in two-month increments. MSCI EAFE line is green, MSCI EM is dark green, and S&P 500 line is orange. Chart data description: Cumulative return treats 12/31/19 as 0. In early 2020, markets slumped and ultimately dropped signifanctly to trough at over -30% each. Throughout 2021, global equities recovered strongly. However, the first half of 2022 has been challenging amidst ongoing geopolitical and macroeconomic concerns. As of June 29, 2022, all three indices are down 17% to 19% year-to-date, though the S&P 500 is still up roughly 77% from its March 2020 low and the non-U.S. indices are both up over 40%. Chart source: Bloomberg as of June 29, 2022. End chart description.
Posted on June 30, 2022June 30, 2022 Full size 1911 × 1033

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Published inGlobal Equities Still Well Above COVID Lows

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