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The stock market could be facing ‘multiple decades’ of ‘deleterious’ economic after-effects, analyst warns

The stock market’s ability to shrug off the economic destruction and gloomy coronavirus headlines continues to enrich emboldened bulls and baffle even some of the savviest Wall Street pros. A big dose of reality, however, looms large, if Andrew Lapthorne, the global head of quantitative research at Societe Generale, has it right with his recent outlook.
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