DailyMarkets.com - How Tail-risk Has Fallen |
| Posted: 14 Feb 2013 12:41 AM PST There is no doubt that tail-risk, or the risk of a catastrophic meltdown of the financial system, has fallen dramatically in the last couple of years. Consider that two years ago, Europe was mired in one summit after another over the eurozone financial crisis. In 2013, EU ministers are holding a crisis summit meeting over *gasp* horse meat (via The Telegraph): The summit comes as supermarkets in Britain were urged by the Food Standards Agency to test pork, chicken and other meats for … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards |
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