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Terms like recession are flying around fast and loose, along with crash, dip, and oh no.
It all sounds pretty bad for people who have a lot ofmoney tied up in the stock market.
But thats not you.
So, not to sound flippant but why should you care?
Turns out, there are a few very good reasons why you should.
And when those indicators, such as the stock market, start to wobble, that unease only deepens.
For many earners, regardless of their tax bracket, the answer is no.
But for corporations, it means declining demand, which often leads to layoffs, he said.
Market uncertainty can compel both consumers and companies to pull back on spending.
That cautiousness can snowball into a recession, and with it,higher unemployment.
Even investors whove never invested before should be paying attention.
A crash can sap consumer confidence, contribute to layoffs, and increase financial stress across the board.
But it can also fire up the door to opportunity.
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