market bull run of 11 years ended in mid-March, the quickest drawdown on record. The 1. Induced by the Coronavirus Disease 2019 (COVID-19) pandemic the longest US stock market subsequently rebounded, responding to the S2 trillion coronavirus relief package. The swing of stock prices has created unprecedented volatility . The attached articles explain the function of the US stock market, the different ways to view stock pricing, and how certain pandemic-induced conditions could affect policymaking. Read the attached articles and answer the following questions (a) Explain the three separate phases in the U.S. stock market after the COVID-19 pandemic. (Refer to the attached article of 'ING - Think Outside') (b) Explain the swing of stock prices by using the Covid-19 risk attitude index (Refer to the attached article of 'BIS Bulletin No.25') market bull run of 11 years ended in mid-March, the quickest drawdown on record. The 1. Induced by the Coronavirus Disease 2019 (COVID-19) pandemic the longest US stock market subsequently rebounded, responding to the S2 trillion coronavirus relief package. The swing of stock prices has created unprecedented volatility . The attached articles explain the function of the US stock market, the different ways to view stock pricing, and how certain pandemic-induced conditions could affect policymaking. Read the attached articles and answer the following questions (a) Explain the three separate phases in the U.S. stock market after the COVID-19 pandemic. (Refer to the attached article of 'ING - Think Outside') (b) Explain the swing of stock prices by using the Covid-19 risk attitude index (Refer to the attached article of 'BIS Bulletin No.25')