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When Mr Prot warns of the dangers of a "market psychology of complete risk aversion," he sounds concerned, not gung-ho.
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"It is pure risk aversion that is pushing spreads higher".
Except in Hollywood, where the terrifying costs of the season's annual blockbuster death match see the major studios replace their habitual caution with complete and utter risk-aversion.
Of the 427 participants that completed their baseline interview including measurement of risk aversion, 39 were excluded due to dementia and 19 did not have complete data.
Risk aversion.
"Our 'competition' is risk aversion.
"Risk aversion is killing childhood", he said.
Part of the reason is risk aversion.
Several measures of risk aversion receded slightly.
Risk aversion has markets in its grip.
"You see waves of risk acceptance, then risk aversion.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com