which sector of the economy are likely to recover the fastest? which the slowest?l
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It has been a fast and furious fall. No one anticipated such a steep decline and complete capitulation within such a short span of time. Even frontline stocks fell like ninepins, as if there is no tomorrow. It had more to do with the fear around the world as to how we shall emerge out of this crisis, and how long shall it take to do so. These questions without any answers at hand led to this sudden carnage. While earlier selloffs in markets were more of a result of economic crises, the current one has been precipitated by a health crisis, which makes it significantly different.
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