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Okay, so the 700-point drop is affecting me right now at this very moment. It's scaring my company's potential customers off pursuing real estate right now, and therefore they don't need what I'm selling (access to foreclosure database). So my performance and commissions are being directly affected.
There, proof that this does affect people directly, even if only because of the effect the emotions have on everything else that happens.
Of course, sales suck in a bad market anyway... just worse when what you're selling relates to one or more of the markets in trouble.
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