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Experts now recommend a 12-month emergency fund. Here’s how to quickly save thousands in cash. - MarketWatch

1. Experts recommend a 12-month emergency fund amid recession fears. 2. Tariffs increase the likelihood of a recession affecting job stability. 3. 60% recession probability from Moody's despite short-term market rebound. 4. Cash reserves are vital as job searches lengthen; average is six months. 5. Savings advice is challenged by financial realities of many households.

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FAQ

Why Bearish?

The heightened probability of recession increases market volatility, which historically downtrends index performances like COMP.

How important is it?

The insights on personal finance and recession risks impact investor sentiment and market dynamics, particularly for tech-heavy indices like COMP.

Why Short Term?

The ongoing recession fears are likely to affect market sentiment in the immediate future, akin to previous downturns.

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