What a difference a year can make. The month of March marks the one-year anniversary since the COVID-19 pandemic infiltrated our world, causing a global economic lockdown.
The loss of life and loss of economic progress has been challenging and felt around the world. Throughout the second half of 2020, the economy recovered steadily in large part due to increased government spending and central bank support. A full year later since the pandemic began, we are beginning to re-emerge from the global health crisis. Although we are not out of the woods yet, progress is being made and 2021 appears to represent more promising times ahead.