Whenever you introduce a new product, you introduce risk.

Concerns over (higher energy prices) feeding into higher wages have so far not materialized, which has dampened the risk of a rise in inflation expectations.

When one adds art, one can reduce the overall risk to a portfolio by 10 percent to 20 percent.

The risk to a given individual from having some saccharin-sweetened soda or coffee is really trivial. It's when you multiply that times 200 million people that the risk becomes much more significant.

We think that with the risk of surprisingly tight U.S. monetary policy diminishing as the U.S. economy decelerates, and with the peso strong, the scales are tipped to a 50bp east at the January meeting.

The good news is that the risk perception is sinking, and attitudes are rising as the current economic and political situation overshadow the past. The future of the market depends on where the economy goes and how the 2008 presidential elections go, and how these factors are seen by investors.