The bell has just tolled on one of the wildest years in Wall Street history, full of precipitous plunges, improbable rebounds and human tragedy.
The S&P 500 ended on an up beat, with a 1.4 per cent gain in the holiday-shortened week. This pushed its CY20 gain to 16 per cent, an ending that would have seemed far-fetched in March.
Investors needed nerves of steel to stay the course, and those who did were duly rewarded. Stocks jumped to all-time highs. Corporate bond yields hit record lows. Speculative mania sprang up everywhere from Bitcoin to IPOs.
Anyone who invested $10,000 at the start

)