Viewpoints
Opinion

Markets Aren’t Prepared for a Crisis

Markets Aren’t Prepared for a Crisis
Traders work on the floor at the New York Stock Exchange on June 14, 2022. Seth Wenig/AP Photo
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Commentary

The most common question among investors these days is when to buy the dip. Very few market participants seem to be worried about a crisis or deep recession, let alone a nuclear threat. However, those three scenarios are not unimaginable.

Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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