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1.Market Observations, 8.Was Sticky

13 Apr 2017 (AFR) – Get ready for the next financial crisis – There are enough risks around to trigger one

(13 April 2017, AFR, p65, by Philip Baker)

‘Ever since the dust settled on the global financial crisis there’s been no shortage of experts trying to predict when the next big crisis will happen and what will cause it. To date there hasn’t been one but maybe it’s not too far away. After all, JP Morgan chief executive officer Jamie Dimon once said that investors should expect a crisis once every five, seven or 10 years. It’s now almost nine years since Lehman Brothers went bust in September 2008 and although financial markets have had a few moments — think Greece going broke, worries over the future of the Eurozone, the Fed’s taper tantrum, Brexit and Donald Trump — there hasn’t been a real crisis.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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