Hard to determine which is a loser or which is a winner. 

I feel that the best way to get out of this is to only choose good companies which are fundamentally strong. Most preferably market leaders in their own sector or industry. This could help to cut down the risk of investment being placed in a company that could go bankrupt and close down. Then as prices drop, do dollar cost averaging periodically and don't look back. Once, the economy is back to normal, all these investment should become very profitable but this could take years. 

Patience is the key here. 

In times of rising interest rates, banks should benefit the most. Can actually consider buying more bank shares.