When the year began, investors were looking forward to a rally similar to the past 2 years where the bulls were in charge. However, 1 month into 2022 and bears took over as markets reeled under uncertainties brought in by the Russia-Ukraine war. Global markets plunged into doldrums and struggled to recoup losses for most part of the year amid persistent inflation pressures, monetary policy tightening, slowdown in growth, fear of recession — all of it owing to the geopolitical crisis caused by the war
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