CRISIS CONCERNS
08/13/2024 |
When fund managers were asked what they consider the biggest tail risk, a recession is now top for 39% of managers, up from 18% a few months ago. Geopolitical conflict is unchanged at 25%, while inflation follows at 12%, down from over 30%. A systematic credit event is cited by 11%, up slightly, then an AI bubble at 7%, and lastly a US election sweep at 4%, down from 13%.