Just In From The "Isn't This Obvious?" Department

Barry Young and Michele Larson host one of the most enlightening and entertaining radio shows in America at Phoenix Arizona's Newstalk 550 KFYI.

While talking about the stock market, and the "panic" surrounding the stock market and the economy, Barry made the point on today's show that despite claims that Americans have "lost 3 trillion dollars" of wealth because of declining stock prices, in reality this is not literally true. A stockholder only loses money when he/she sells shares at a price lower than what he/she paid for them.

And Michele made the point today that anytime a person buys stocks, they assume a level of...are you ready for this......RISK!!!

DUH! Isn't this obvious?

The true answer is "no, this is not obvious!" The concept of economic risk has become foreign to a culture that has become familiar with ever-increasing prosperity and opportunity, and this culture needs to be reminded about RISK in a big, big way.

I'm not sure of Barry Young and Michele Larson are re-educating their listeners to basic truths about the economy, or educating some of their listeners on these matters for the very first time.

No matter, the show makes for highly enlightening and entertaining radio listening.

As far as I know, the show is NOT YET available in an archived, on-demand format.

But listen realtime Monday through Friday, 8-10am Arizona Time (currently Arizona is on Pacific Time, and will switch later in the Fall to Mountain Time).

Streaming audio is at www.KFYI.Com.

Meet the cast of the show HERE.