Wednesday, January 18, 2012

Don?t Believe the Good News

Finally, there are those tail risks that make investors, corporations, and consumers hyper-cautious: The eurozone, where debt restructurings?or worse, breakup?are risks of systemic consequence; the outcome of the U.S. presidential election; geopolitical risks such as the Arab Spring, military confrontation with Iran, instability in Afghanistan and Pakistan, North Korea?s succession, and the leadership transition in China; and the consequences of a global economic slowdown.

Source: http://feeds.slate.com/click.phdo?i=93ab27998605a395d16d81d156f4027e

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