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Economy

The fear may cause more economic impact than the virus itself, says Jefferies

Updated : February 28, 2020 11:15 AM IST

Epidemiologists are starting to form a view that potentially containment may not work that actually you cannot contain this thing, it is out in the wild already and what systems need to be doing is prepare for the onslaught of cases.
Market was complacent, now it is becoming more realistic and earning downgrades are happening, it shouldn’t take that long before the economic impact is more fully reflected.

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