Ending the year in good cheer

In Poland, this improvement in sentiment could be seen not only in terms of rising indexes, but also in higher trading volumes. One of the star performers of 2020 was the construction sub-index, which grew by over 50 pct. The boom continued through to the end of the year and at times was nothing short of euphoric. The vaccine rollout, which began just before the Christmas holidays, has also been a shot in the arm for investors. Even though we will have to wait until the summer for any return to was anything that even resembles a pre-Covid normal, the prospect of the overall situation improving and of a more predictable future has proven to be more than enough fuel for the stock exchanges. At the end of the year, a crucial decision was taken to pump USD 2 bln into the US economy, including in additional social payments. Moreover, a Brexit deal was finally agreed between the UK and the EU, thus putting behind us the ominous prospect of a no-deal scenario. Among all this good news, the in