Soc Gen Black Swans – June 2014

Societe Generale is out with its famous quarterly black swan chart.

Black swan events are those that have a low probability of occurring, but also have the potential to roil financial markets if they occur.

With a 30% probability, a Chinese hard landing (four straight quarters of below 5% growth) poses the most significant downside risk, according to SocGen.

They think the likely triggers will be domestic issues.… Read more