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Investors Need to Learn the Difference Between Uncertainty and Risk in Today's Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2667629369","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2667629369?lang=en_us&edition=fundamental","pubTime":"2026-09-16 01:09","pubTimestamp":1789492140,"startTime":"0","endTime":"0","summary":"Litowitz: There is a big difference, and yes, confusing them can cost investors a great deal of money. Risk is when you know the possibilities and the probabilities. Think of a fair dice. I know it will land on one through six, and I know each has a one-in-six chance. Casinos operate this way. Over enough rolls, the house wins because the model is known.On the other end is the black swan - you do not know the possibilities or the probabilities. COVID was that. It came from nowhere.But there is a huge middle ground that gets lost, and it is the most important one for investors right now: What if I know the possibilities but not the probabilities?Litowitz: The first thing to recognize is that it is even more dangerous to say, \"I do not know how to navigate uncertainty, so I will just use my old model.\" That is a terrible idea. You know the world has changed, and you are replaying a model that no longer fits.My book describes three phases. 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Stock (NASDAQ:MSFT) Slips as It Patches Patches","url":"https://stock-news.laohu8.com/highlight/detail?id=2667296446","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2667296446?lang=en_us&edition=fundamental","pubTime":"2026-09-16 01:04","pubTimestamp":1789491842,"startTime":"0","endTime":"0","summary":"Remember when tech giant Microsoft ($MSFT) issued that massive patch last week? The one that patched up nearly 1,000 separate flaws in one day, 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CEOs: Consumers are Spending, Including on Movies and Cruises","url":"https://stock-news.laohu8.com/highlight/detail?id=2667829629","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2667829629?lang=en_us&edition=fundamental","pubTime":"2026-09-16 01:04","pubTimestamp":1789491840,"startTime":"0","endTime":"0","summary":"It's all systems go for the American consumer, say bank executives, including strong spending on travel and entertainment.-- \"There is still quite strong spending across the board, and it has just not been changing really at all,\" said Wells Fargo CFO Mike Santomassimo at an investor conference. \"You couple that with really good credit performance.\"-- \"The much rumored post-Covid wall that the consumer was going to hit didn't happen,\" said PNC Financial Services President Mark Wiedman.-- Part of the spending growth is from higher gas prices, but discretionary spending is still strong, said Bank of America CEO Brian Moynihan. He shouted out cruise bookings, restaurants and out-of-home entertainment: \"The movies have come back because they've had some good 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