In fact, it can easily have the opposite effect, giving traders and their managers a big incentive to generate short-term gains while ignoring longer-term risks.

But budget analysts from across the political spectrum say the longer-term risks are substantial.

Still, there is a longer-term risk for Republicans that they could damage their credibility as they move through the impeachment process over the next months.

Analysts said that because investors were unwilling to take on this modestly longer-term risk, the government was unable to sell more of the one-year securities rather than the shorter-term bills.

It's worth bearing in mind that even if you protect yourself for a particular contract, you still face longer-term risks.

And everyone, from doctors to soldiers to oilfield workers, wonders about the longer-term risks.

The longer-term risks of celebrating good times, though, are harder to measure.

Are there longer-term risks, like auto-immune disorders or cancer?

But researchers will undoubtedly be tracking the group as it continues to age, so we'll have to wait for any truly longer-term risks to be determined.

"Since the visibility regarding the impact of some of the longer-term risks is still quite limited, we prefer to stay on the sidelines."