It is happening again another global economic crisis is on the horizon, Darren Winters takes a look at the signs. The coronavirus, the recent black swan event is steepening the global economic downtrend. Global shipping giant Maersk was the first to fire off a distress flare as it reported a revenue fall of 5.6% to …
Tail Risk
As Darren Winters points out, keeping an eye on tail risk in the age of frothy asset prices fueled by unprecedented central bank liquidity and the recent black swan event (or maybe better said black bat event) Coronavirus would be prudent. “Anyone pricing assets must consider the ‘tail risk’ that virus outbreak could ‘get much …
Coronavirus Impact
Could the Coronavirus impact on China and the global economy be the straw that broke the camel’s back? It was only last month that head of the International Monetary Fund, Kristalina Georgieva warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability. The IMF’s warning came …