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Systemic credit event in US shadow banks the biggest tail risk for markets

As the markets wait for the Fed announcement, the message from the latest Bank of America survey of global fund managers is that while inflation is likely to come down and growth will slow, the biggest tail risk is of a credit event in US shadow banks and also of inflation remaining high 

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​ As the markets wait for the Fed announcement, the message from the latest Bank of America survey of global fund managers is that while inflation is likely to come down and growth will slow, the biggest tail risk is of a credit event in US shadow banks and also of inflation remaining high  As the markets wait for the Fed announcement, the message from the latest Bank of America survey of global fund managers is that while inflation is likely to come down and growth will slow, the biggest tail risk is of a credit event in US shadow banks and also of inflation remaining high   Moneycontrol Latest News Read More  

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