The global economy has been facing a number of challenges in recent years, from the US-China trade war to Brexit and the coronavirus pandemic. Despite these challenges, big businesses have continued to post record profits.
In the US, the S&P 500 index of the largest companies has risen by more than 20% since the start of 2020, despite the economic downturn caused by the pandemic. This is largely due to the fact that many of the largest companies are technology-focused, and have been able to benefit from the shift to remote working and online shopping.
In Europe, the Euro Stoxx 50 index of the largest companies has also seen a strong performance, rising by more than 10% since the start of the year. This is largely due to the fact that many of the largest companies are in the pharmaceutical and healthcare sectors, which have seen strong demand due to the pandemic.
In Asia, the Nikkei 225 index of the largest companies in Japan has risen by more than 15% since the start of the year. This is largely due to the fact that many of the largest companies are in the technology and automotive sectors, which have seen strong demand due to the shift to remote working and online shopping.
Overall, big businesses have been able to weather the storm of global challenges and continue to post record profits. This is largely due to the fact that many of the largest companies are in sectors that have been able to benefit from the shift to remote working and online shopping. As the global economy continues to recover, it is likely that big businesses will continue to post strong profits.