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Global: While more and more people are rushing into the market to buy the dip as they predict that the emergency facilities announced by central banks will be enough to prevail equities from falling, we are still very cautious in the near to medium term, as fundamentals are about to plummet to levels never seen before. During the 2008 Financial Crisis, equities bottomed in March 2009, nearly 15 months after the US entered a recession. As we mentioned in our previous publications, we expect governments to deal with a temporary period of mass