Just as the surging US equity market and better economic news were beginning to build investor confidence, events in Cyprus have provided a disturbing counterpoint. Could a black swan plunge markets into another global financial crisis? The cover story of the latest issue of CFA Institute Magazine looks at five disaster scenarios that might appear unlikely now but that have the potential to cause a chain reaction in global markets.
Other highlights from the March/April issue of CFA Magazine include:
- What is causing investors to rethink myths about the equity risk premium.
- The science of how emotions affect investment decisions and why some experts believe trying to eliminate emotions distorts decision making.
- The challenge of monetizing investment opportunities in frontier markets.
- Launching the Claritas initiative to help improve financial services.
Plus articles on how new regulations will affect futurization, why people hate the investment industry, improving investor protection in Asia, and what a famous paradox reveals about investor behavior.
Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.