Years ago, I stayed in a hotel on the Las Vegas strip where a message flashing on the big screen out front said “98% wild slots.” The sign was telling the public that the hotel’s slot machines paid out 98 percent of the money they took in, reducing the “house edge” to 2 percent. By …
While the stock market was off on a wild ride this past Monday, I took a break from the work day to check out one of my favorite sports websites. There, I found an “off-topic discussion” headlined “Is it time to go risk-off?” That simple headline – and the entire lengthy brouhaha that followed it …
The headlines are filled with stories on the potential for inflation, rising interest rates, new government economic and taxation policies, fluctuating currencies – including cryptocurrencies — high-priced stocks and more. Each of those stories, however, represents a different form of risk, and the varied news is the market’s way of suggesting that investors might want …
