From the lows in early 2009, it has been up, up and away for Wall Street. The market has not suffered a decline of 20% (the Bear market definition) in over nine years. However, this market has not been loved. Stock prices have risen less on an annual basis than the average Bull Market and […]
Risk Aversion
The 2-Minute Thought: Millennial Risk Aversion
Japan’s risk aversion is famous: There’s the devotion to saving in accounts yielding close to zero rather than spending or investing in stocks. There are the perennial poor rankings in global surveys on entrepreneurialism. There is the fact that relatively few Japanese students choose to study abroad compared to those in other nations. Several years […]
