Thursday, December 8, 2016

Nomura Has 10 'Gray Swan' Risks That Could Roil Markets in 2017 - Bloomberg

Nomura Has 10 'Gray Swan' Risks That Could Roil Markets in 2017 - Bloomberg



...Nomura's 10 events that could end up roiling your 2017....



2. A surge in U.S. productivity

As Fed officials make the case that the president-elect's fiscal stimulus should be targeted at increasing productivity, Nomura says a pick-up in research and development investment could already be laying the groundwork. Like the tech boom of the 1990s it would catch forecasters unaware, but could have implications ranging from a faster series of rate hikes to a sustained boost to equities if it materializes....

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