The year 2022 was full of contradictions in the sense that the equity prices behaved quite opposite to the conditions on ground. If you thought the corona virus-triggered pandemic was bad, the Russia-Ukraine conflict which is still going on by the way disrupted the global supply chain and ensured that global economy suffers. The tough and unfriendly decision for equity markets on tightening interest rate was seen necessary by the central banks of most countries to tame inflation in 2022. Growth was put on the backburner and the focus globally was to tame the monster of inflation.
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