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We're now going through the hard part of the stock-market crash. The relentless downward momentum has eased, and we've even seen some rallies, not to mention indications that the coronavirus curve is in fact leveling (e.g.,the New York City epicenter). But bear market rallies are real things, so it's hard to say the market is out of the woods. Even if we are past the peak in terms of infection, we don't yet know how lasting the economic damage will be. Some areas will probably snap back and go on to bigger and