In a rare attempt to quell overshooting markets, several FED presidents have recently publicized their distrust of complacent investors. Given the sensitivity of risk preferences to uncertainty, the Fed could use policy uncertainty and a higher volatility of funds to selectively target risk taking in the financial community. nytimes/2014/06/08/opinion/sunday/the-biology-of-risk.html?smid=tw-share&_r=0
Posted on: Sun, 08 Jun 2014 22:05:37 +0000
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