TOKYO -- The coronavirus pandemic is causing a "K-shaped recovery" around the world, characterized by some parts of the economy improving, while others languish.
Chip and car industries heat up, while hotels and restaurants still suffer

It is increasingly becoming clear that the stock rallies caused by monetary easing are not reflecting the real economy. (Source photo by Reuters)
TOKYO -- The coronavirus pandemic is causing a "K-shaped recovery" around the world, characterized by some parts of the economy improving, while others languish.