3min chapter

Forward Guidance cover image

The “Everything Risk” Is Here | Ed Harrison

Forward Guidance

CHAPTER

The Everything Risk

In 2008, 2009, we moved into the new regime. That was the zero rate regime. And in so doing, we believed that we were in a new era. We had singular risks that popped up that were easier to deal with during thezero rate regime. But now the everything risk is invoking the sense that we're in a completely different era. Those risks manifest themselves in ways that we can't project.

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