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Risk-Taking: Real Economy vs Wall Street

Posted By Barry Ritholtz On June 4, 2013 @ 6:45 am In Employment,Venture Capital,Video | Comments Disabled

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risk taking [1]
Source: Yahoo [1]


Real Economy Avoids Risk-Taking as Wall Street Embraces It:

“Has the intrepid American entrepreneur turned timid? Is the courageous, risk-embracing business pioneer becoming like the cowboy: a popular icon of a bygone time rather than a reflection of what America has become?

We might not be quite there. But there is a broad array of evidence, much of it hashed out in a long Wall Street Journal feature [2], that American workers and companies have grown more risk-averse in recent years.

Companies are less eager to expand payrolls to grow; the rate of small-business creation has ebbed; investment in startups is sluggish; workers are less likely to leave a job for a better opportunity; families aren’t as willing to move to a part of the country with more vibrant economic prospects. If these trends persist, it will restrain the pace of long-term economic growth.”

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URL to article: http://www.ritholtz.com/blog/2013/06/risk-taking-real-economy-vs-wall-street/

URLs in this post:

[1] Image: http://finance.yahoo.com/blogs/daily-ticker/real-economy-avoids-risk-taking-wall-street-embraces-145320968.html

[2] a long Wall Street Journal feature: http://online.wsj.com/article/SB10001424127887324031404578481162903760052.html

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