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“Market Crash” Places Distant 3rd To Populism In Bank Risk Survey
A few days ago, in "This Is What BofAML’s Clients Are Most Concerned About," I showed you what...well... what BofAML's clients are most concerned about.
To no one's surprise, the answer was unequivocally "populism" and on top of that, a bunch of the other worries that made the list were populism related. Have a look:
(BofAML)
Well on Tuesday, we got the latest results from BofAML's global fund manager survey and you'll never guess what topped the "biggest tail risk" list.
That's right: p
Equity market correction ranks 8th with 3% …??
I say old chap, things are going just swimmingly don’t you think. Why, yes they are.