PS – Forgive my rudeness. Perhaps my language was a bit hostile and that led to your hypersensitivity. That being said, you are not beyond reproach, and deserve to be called out when you mislead, just like everyone else. You title was misleading, and evidence of your bias. Twisting the quote was unnecessary; it was bearish enough without your spin.
Example: There are ~ 125k US soldiers in Iraq, and no one would question that they are at risk of dying each and every day due to their physical presence in the most dangerous area on earth. Does that mean that we expect all 125k US soldiers to die?
Example: I have 50k in stocks that are at risk of being lost every day. Does that mean that I expect to lose the entire 50k each day the market opens?
Again, I apologize if you took my comments personally, and I will tone down the rhetoric when replying to your posts in the future now that I am aware of your sensitivity. But until you demonstrate that you understand the difference between the concepts of at risk and expected, your credibility is greatly diminished in my eyes. Risk and expectation are fundamental terms that are extremely important when discussing economics, which is why Jim, sduuuude, and I all took your blunder seriously. They are not synonymous and can not be used interchangedly.
