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Identify stress points such as inadequate income and reset of return expectations from different assets The new financial year has started on an uncertain note—of a kind that you may not have dealt with earlier—with the seismic effects of the covid-19 pandemic likely to be felt across the economy, jobs and livelihoods.
The tumult in the real economy has communicated the stress to the financial markets too. The long-term investment horizon suitable for equity that was anything over three years depending upon who you spoke to briefly expanded to over 15 years if you wanted to earn better returns than what a bank savings account gives.
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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