Here Are Nomura's 9 ‘Gray Swans’ That Could Hit Markets in 2019
- Bank joins HSBC in unveiling next year’s potential surprises
- Both include positive and negative scenarios for next year
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Hot on the heels of HSBC’s top 10 risks for 2019, Nomura’s annual “Gray Swans” listicle has just hit inboxes. After a year of chaos, you get the feeling they really had to dig deep to come up with some potential shocks. In full:
1: End of populism
2: Oil price plunges to $20/bbl
3: The big market quake
4: Italian renaissance
5: EM deflation
6: CNY comeback
7: Global growth takes off
8: Deflating euro area
9: Inflation sonic boom