Pricing North Korean Risk Into Market DifficultMark Melin
With all the bluster coming from North Korea – nuclear missile tests, talk of protracted war with a nuclear threat hanging overhead – a Bank of America Merrill Lynch piece thinks the worst potential outcome, while chilling and difficult to price into markets, nonetheless remains a “tail risk.” The more practical threat is conventional warfare that could escalate quickly is civilian casualties are involved. Indeed, the entire US senate is now meeting with Rex tillerson and President Trump . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible