Economic uncertainty refers to the unpredictable nature of the economy, characterized by a lack of clarity about future economic conditions, trends, and outcomes. It involves fluctuations in key economic indicators such as inflation, employment rates, consumer confidence, and market stability. This uncertainty can arise from various factors, including geopolitical events, changes in government policy, unexpected market developments, or shifts in consumer behavior. It often leads to hesitancy among businesses and consumers in making significant financial decisions, such as investments or long-term commitments, due to the fear of potential negative economic impacts. Higher levels of economic uncertainty can slow down economic growth and affect overall market performance.
Financial Struggles Ahead As **Generation X** approaches retirement age, they confront a challenging financial landscape that contradicts their reputation for resilience and adaptability. Despite being celebrated for their independence, many…