Best Performing Asset of COVID-19? Crypto v. Stocks v. Commodities

in LeoFinance3 months ago

From March 2020 until now, what's been the highest-performing asset of this COVID-19 pandemic? Let's take a look:

March 2020-May 2021 Weekly Chart (% Change).

From lowest to highest % gains:

Gold: 20.9%
Dow Jones: 80.1%
S&P 500: 82.2%
NASDAQ: 94.6%
Silver: 116%
Russell 2000: 121%
Bitcoin: 867%
Ethereum: 2746%

What conclusions can we draw?

  1. Gold is not a hedge/flight to safety (but we already knew that).

  2. This was a V-shaped recovery

  3. Small-caps outperformed large-caps -- this applies to stocks AND cryptos.

  4. Crypto benefits significantly more from this global inflationary environment than stocks.

  5. Bitcoin performs well; legitimate altcoins (ETH) perform better.

Posted Using LeoFinance Beta

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@blkchn please stop vote for stolen content.

stolen?

yea, if u read the post carefully u will see it's not posted by the orignal owner. Ist aktuell part einer großangelegten Spam-Welle die reinrauscht bei Hive. Aber haben wir unter Kontrolle :)