The BIS has released a report "The "Green Swan" where they discuss how our changing climate leads directly to financial stability risks, but they also say Central Banks cannot alleviate these risks. Green Swan events require a whole new way of thinking.... they represent a new type of risk.
https://www.bis.org/publ/othp31.htm
My latest Friday afternoon chat with Journalist Tarric Brooker, who is @AvidCommentator on Twitter. Go to the Walk The World Universe at https://walktheworld.com.au/
A reprise of the current market moves, and a discussion about the underlying drivers, as well as the top 5 issues we get asked...
News.com.au reported that a staggering 2,349 construction firms have collapsed in the past year – with fears more may fall soon. A “perfect storm”...