Causing the loss of capital value
The rapid spread of the sickness causing major disruption in every sphere of life
Causing the Covid 19 reverse spike last year , all markets fell worldwide almost in tandem ,all stocks were in shock and it did not matter how good any individual stock was ,nothing could save it from the severe consequencies of the feeling of helplessness.
Besides the stock exchanges all other economic businesses came to almost total collapse and some are still only starting to recover.
In hindsight none could tell that this was a reverse spike,but as always the stock market was as always first to recover,running ahead of the actual market recovery.
I have lived through normal market spikes when the market is frothy and then the pullback to normal levels allowing reality to catch up with the initial enthusiasm!
The reverse spike was dramatically brought back to normal with stocks in the resource areas overshooting in price by March 2021.
There for we cannot expect to see further capital price increases any time soon.How ever the world needs mineral and metal resources as the prices of commodities slowly creep up.
With demand returning to normal income from all endevours is strengthening. There will be a more healthy increase in capital values that is likely to be sustained in the years ahead.