Global stocks are pushing higher on the first major trading day of 2023 as investors try to look beyond a gloomy outlook for the world economy, China’s worst Covid outbreak and stubbornly high inflation in Europe. Europe’s Stoxx 600 index rose 1.2% by 08.42 ET Tuesday, off earlier highs but extending strong gains posted Monday when Chinese and US markets were closed. Germany’s DAX rose 0.7%, while France’s CAC gained 0.5%. US futures were up by around 1%.
Still wary Tuesday’s market gains provide cheery news for investors after a rollercoaster 2022 that saw $33 trillion wiped off global equity markets. Many suffered deep losses in 2022 as central banks hiked interest rates at an unprecedented clip in a bid to control surging inflation. The S&P 500 lost 19.4% over the past 12 months — its worst year since 2008 — despite hitting an all-time high last January. Europe’s Stoxx 600 index fell 12.9%, its steepest annual loss since 2018.
That's it. Winning
Like all people I was born free from sin and crime, why did the environment and people attack me like most people, forcing them to sin and be criminals? We can and have a right to defend ourselves against this! Even protective services! Has there been Human extinction in past?