Investors face the risk that the economy could go into another recession. This risk is:

Name: Investors face the risk that the economy could go into another recession. This risk is:
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The risk of the economy going into another recession is a systemic risk, which affects the entire market and cannot be diversified away. It is not idiosyncratic, which is specific to an individual company, nor is it related to time preference.

Investors Face the Risk That the Economy Could Go into Another