References in periodicals archive
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The dollar also gained on the yen as market participant risk tolerance improved slightly on stock rises in Tokyo.
It is impossible to know during the course of the study what effect, if any, this time-limited informational session may have had on subsequent participant risk behavior.
In that case, the participant risks adverse tax consequences should he or she be unable to roll over the full amount of the distribution within that period.
It may make a great deal of sense to have exposure to emerging markets, for instance, but we think that the average participant risks overallocating to an asset, after a large run-up in returns, that characteristically exhibits extremely high volatility.
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