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This has been a truly wild year to be an investor. During the first quarter of 2020, Wall Street and investors endured the swiftest bear market decline in history. But by the second quarter, they were privy to the strongest quarterly move higher since 1998. These baffling moves come courtesy of the uncertainty tied to the COVID-19 pandemic.
There's no question that there will be clear long-term winners of the pandemic, but some industries should be slapped with caution tape. Despite their popularity in recent weeks or months, I'm purposely avoiding the following three industries.