What The Smart Money Is Most Worried About: Here Are The Four Brand New “Tail Risks”
by Tyler Durden
ZeroHedge.com
02/16/2016
How things have changed in the subsequent month. As the chart below shows, the biggest investor fear in February had nothing to do with a Chinese recession or an EM Debt crisis, and everything to do with the dreaded “R” word right inside the gold ole’ US of A. In fact, four of the top “tail risks” are brand news, and in addition to a US recession include energy debt defaults, quantitative failure and a topic we have been covering since mid-2015, China’s relentlessly encroaching capital controls.
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