What keeps me up at night 😵‍💫

It won't be found on any list 📋

Photo by Annie Spratt on Unsplash

TKer Stock Market Truth No. 7 reminds us: “There will always be something to worry about.”

Here’s a list of some top concerns today from Bank of America’s July Global Fund Managers Survey.

Geopolitical conflict and higher inflation remain among top risks identified by fund managers. (Source: BofA)

Persistent inflation, economic recession, escalating geopolitical conflicts, cooling AI expectations… How any of these issues unfold could affect the direction of the markets in the near term.

But the nature of known risks acknowledged by many is that they already get priced into the market to some degree. That is to say, if a known risk is realized, the market reaction is likely to be limited.

The unknown is worse than the known 😱

What really keeps me up at night are the risks few or no one is talking about. They’re the risks that won’t be identified in surveys and published on lists.