Risk is always lurking around the corner, and in these troubled times, Dean Curnutt, CEO of Macro Risk Advisors, takes a look at the new face of global risk in a new piece sent to the research and trading firm’s clients this morning. He takes issue with Morgan Stanley (NYSE:MS) CEO James Gorman’s recent comment in the context of a repeat of the 2008 financial meltdown: “The probability of it happening again in our lifetime is as close to zero as I could imagine.” Sure, banks are in much better shape, regulators are more on the ball and the liquidity is good, as…
The New Face of Global Risk
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.