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The importance of focusing on the long term during a pandemic

Investors who can tune out the daily distractions of short-term market movements would ultimately be rewarded.

Containers at the Port of Los Angeles. It is likely that global economic growth will slow sharply in 2020, and a recession in the US and Europe is increasingly possible. On the positive side, however, the US economy remains among the most resilient in the world. It has a history of bouncing back from adversity.

FROM being almost unknown at the start of the year, Covid-19, now a pandemic, has prompted severe social and economic concerns globally. People are understandably frightened because this is a new disease, which has a real human cost. Our first thoughts are with the people who have fallen ill and...

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