None of the major global indices have managed to muster gains in this brutal year, including the Dow Jones (down 9.24 per cent in 2022 so far), FTSE 100 (dipped 0.43 per cent), Nikkei (shed 10.47 per cent), Hang Seng (lost 15.82 per cent) and the Shanghai Composite Index (dropped 16.15 per cent).