I think risk right now is a lot lower than it was when we were talking in the spring, says Rick Bookstaber. He discusses short-term versus long-term risks for investors, as well as risk management strategies in today's economy. He also talks about recession risks to monitor, highlighting the iShares iBoxx $ High Yield Corporate Bond ETF (HYG). He then goes over which areas of the market are most affected by deglobalization, in addition to what to know about deglobalization efforts. Next, he mentions alternative energy and climate-friendly investing options. Tune in to find out more about the stock market today.