Caixin
Dec 20, 2023 04:46 PM
OPINION

Fisher: A 2023 Risk Report Card

00:00
00:00/00:00
Listen to this article 1x
Photo: VCG
Photo: VCG

Newsflash! The world didn’t end in 2023. That, despite Western commentators shrieking doom over three of America’s largest-ever bank failures, Credit Suisse’s downfall and supposed global financial “contagion” risks. Nor did apocalypse arrive amid America’s Federal Reserve and other global central banks’ rate hike rampage. Crypto exchange collapses, tragic regional wars, China’s economic “weakness” and seemingly endless global recession fretting cascaded throughout 2023’s fearmongering. Last April, I told you such widely watched fears were false and wouldn’t sink global stocks. They didn’t. Yet I also warned of some unlikely-but-real stealth torpedoes lurking below the surface. They didn’t materialize. But they haven’t been defused. Here is an update.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code