Aug. 5 saw a sharp decline in stocks as investors worldwide felt the impacts of a dismal Aug. 2 jobs report, which increased fears of a potential recession.
The weaker-than-expected jobs report triggered the market meltdown.
Weathering the Storm: Experts Weigh In on Recession Preparation
The Epoch Times talked with several financial experts who provided tips on navigating a potential recession.
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The New York Stock Exchange during afternoon trading in New York City on Aug. 5, 2024. All three major indexes closed with significant losses, with the Dow Jones falling 1,000 points and the S&P 500 sliding by 3.2 percent, in its worst day since 2022, amid a global market sell-off centered around fears of a U.S. recession. Michael M. Santiago/Getty Images
By Russ Jones
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