U.S. markets closed
  • S&P 500

    3,768.25
    -27.29 (-0.72%)
     
  • Dow 30

    30,814.26
    -177.26 (-0.57%)
     
  • Nasdaq

    12,998.50
    -114.14 (-0.87%)
     
  • Russell 2000

    2,123.20
    -32.15 (-1.49%)
     
  • Crude Oil

    52.04
    -1.53 (-2.86%)
     
  • Gold

    1,827.70
    -23.70 (-1.28%)
     
  • Silver

    24.83
    -0.97 (-3.77%)
     
  • EUR/USD

    1.2085
    -0.0071 (-0.58%)
     
  • 10-Yr Bond

    1.0970
    -0.0320 (-2.83%)
     
  • GBP/USD

    1.3583
    -0.0108 (-0.79%)
     
  • USD/JPY

    103.8000
    -0.0160 (-0.02%)
     
  • BTC-USD

    37,254.45
    +1,148.61 (+3.18%)
     
  • CMC Crypto 200

    701.93
    -33.21 (-4.52%)
     
  • FTSE 100

    6,735.71
    -66.25 (-0.97%)
     
  • Nikkei 225

    28,519.18
    -179.08 (-0.62%)
     

The wildcards that could sabotage the global economy in 2021

Tim Fernholz
A black swan swims in a lake inside the Retiro Park in Madrid
A black swan swims in a lake inside the Retiro Park in Madrid

You never see the one that gets you. This time last year, the coronavirus was already spreading, but it wasn’t until February that the world began to realize the magnitude of the challenge it faced. There are undoubtedly ugly surprises awaiting us in 2021, despite the feeling that 2020 has really offered all the downside…

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