Is There a Black Swan Event?

Mitis: At this point, a black swan event is not apparent to me. We don't have a lot of the issues that we had going into the two thousand eight crisis at that sort of what you were alluding to. Mitis: There is risk that once the fed gets down this path, they could create a recession. The other possibility you could have is stagflation, where growth slows, but you still have inflation.

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