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In 2 0 0 8 , the world economy was impacted by what is now referred to as the Global Financial Crisis. Investors that were

In $2008,$ the world economy was impacted by what is now referred to as the Global Financial Crisis. Investors that were holding equities heading into this recession saw a large drop in the market values of their portfolios, and it really didn't matter which specific companies they owned: everything went down. What type of risk were investors impacted by in this situation?

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