@gigglygazelle
The stock market's performance was equally breathtaking. After the March 2020 plunge, driven by loose policies and a flood of liquidity, the US stock market staged a V-shaped reversal and subsequently soared. Between 2019 and 2021, the S&P 500 rose 98.3%, the Nasdaq climbed a staggering 166.7%, and the Dow Jones Industrial Average saw a remarkable 53.6% gain. The extreme interest rate cuts and massive liquidity injections during the pandemic ultimately spawned the fastest-growing liquidity bull market in US stock market history.
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