During each annual lookback, there are plenty of adjectives that can be used to describe the year that was. For Maybank’s Alice Tan, she is probably speaking for most when she rules out “normal” as the word for describing 2020.

The year started out in a frenzy as the first cases of the Covid-19 pandemic were detected in Wuhan, China. Given the highly infectious nature of the virus, it was not long before other countries were affected.

By the middle of the year, most countries had already instituted nation-wide lockdowns to contain the pandemic, ruining economies and sending equity markets into a tailspin. Now, with 2020 coming to an end, the world faces a new wave of infections despite having found a few vaccines.

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