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Update: Consumer","url":"https://stock-news.laohu8.com/highlight/detail?id=2667537629","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2667537629?lang=en_us&edition=fundamental","pubTime":"2026-09-16 01:15","pubTimestamp":1789492526,"startTime":"0","endTime":"0","summary":"Consumer stocks fell Tuesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF  dropping 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF  declining 1.4%.In corporate news, General Motors  is launching a new user interface for its pickup trucks featuring the latest versions of Apple  CarPlay and Android Auto and plans to deliver additional system enhancements via wireless software updates. GM shares fell 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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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