THE LIBRARY

Although global economies continue to struggle to find their way through the current health crisis, global equity markets remain very robust and, in most cases, at or near all-time highs. It is not surprising to see equity markets rebounding sharply from the Bear Market lows of March 2020; however we are very pleasantly surprised to see global equity markets above pre-pandemic all time highs. As a proxy for global equity markets, the iShares MSCI World Index ETF (XWD) is 9.9%