Could it be that Wall Street risk takers lose their risk-taking mojo precisely when they (and we) need it most? New research on the effects of the stress hormone cortisol suggests a paradox that could be at the very center of market crises. Our brain directs the release of cortisol from our adrenal glands when we’re under stress, or even when we just think we’ll experience stress. The hormone triggers a state of body-wide alertness to threats, a sort of cerebral bracing for the impending stress storm.
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