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FSMD - Global Market Update: A Progress Report On The 3 Rs
Fidelity Small-Mid Factor
Two-plus years into the pandemic, nobody wants to hear the word Covid anymore.
Covid-19 case waves significantly improved in April and May across most global regions.
Global markets navigated formidable crosscurrents over the past year—high inflation, supply chain bottlenecks, a hawkish Federal Reserve, and China’s multiple self-inflicted wounds.