1. GFC vs. Covid-19 Stock Market Returns
Great financial crisis 2008-2010 vs. Coronavirus rally

Great financial crisis 2008-2010 vs. Coronavirus rally
According to Morningstar data, about 65% of the domestic large-cap stock ESG funds beat the S&P 500 in 2020, including all 10 of the largest ones. In 2020, ESG funds more than doubled the $21.4 billion in inflows received in the previous year. Index-tracking ESG funds have grown particularly fast; many look more like broad-market index funds than their active counterparts, making them an easier transition for investors.
Active, ESG, and Thematic ETFs Were 2020’s Big Winners. Expect More-Barrons
The answer is much simpler and comes down to one number: $14 trillion. That’s the amount by which the aggregate money supply has increased this year in the U.S., China, euro zone, Japan and eight other developed economies. To put the surge in perspective, the jump to $94.8 trillion exceeds all other years in data going back to 2003 and blows away the previous record increase of $8.38 trillion in 2017, according to data compiled by Bloomberg