Societe Generale is out with its latest quarterly chart of “swan” risks. “Black swan” events are those that have a low chance of actually occurring, but could seriously rock the economy and the markets if they do occur. Although China hard landing is still a significant downside risk, it’s no longer the biggest one. Now, with a probability of 30%, the further eurozone area deterioration is what has the potential to really upset the markets, according to SocGen. “Geopolitical risks are numerous; the most significant risk at the current picture for financial markets is the Russia-Ukraine crisis,” according to the …read more
Source: Business Insider
