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Every hiring manager I know feels the anxiety of risk when evaluating job candidates, because if they make a bad hiring decision it will reflect directly on them.
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Neither could interest rate cuts coax banks, which are currently re-evaluating risk and keeping a tight grasp on their balance sheet, to be more generous in their lending to house buyers.
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That is the risk, and I believe a lot of people are re-evaluating whether the risk is worth taking.
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Evaluating credit risk, after all, is part of a banker's trade: they should know better than insurers how likely a borrower is to default.
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Tax efficiency, expense ratios, yield and risk all should be considered when evaluating a fund.
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In addition to absolute return, there are many meaningful risk metrics that should be considered when evaluating who you should trust with your money.
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