"Paper Money Disappears" Among Nomura's 10 Grey Swan Events For 2017
From "the end of cash" to "Trump muzzling The Fed" to "Russia going on the warpath", Nomura unveils its unlikely-but-impactful grey swan scenarios for 2017...
As Nomura writes, while we would like to be able to predict black swans, by definition they are unpredictable. However, its close cousin, the grey swan, can be envisaged.