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Archive of entries posted on 12th February 2016

The Black Swan Event We All Missed

A black swan is a rarity: A black swan event occurs rarely. But when it does, it devastates financial markets. The last one happened with sub-prime mortgages in 2008: Oil is today’s Black Swan Event. Less than year ago it was $60 a barrel. Now it’s under $30. Imagine if you were selling shoes for […]