Business Insider has compiled a solid list of worrisome charts from many good Wall Street thinkers. I happened to be included although they titled the post “Wall Street’s Brightest Minds Reveal The Charts That Worry Them Most” so I am not sure why I was invited to contribute.
Anyhow, I found the commentary kind of interesting and probably a sign of the times. BI’s Matthew Boesler says a number of people turned down the offer because they just couldn’t find anything to be bearish about. That explains not only why I was invited to contribute (they were desperate for contributors), but also shows just how wildly bullish the street is right now:
“With optimism resurfacing over the global economy and the perception that major tail risks in the United States, the euro zone, and China have been mostly squared away, what’s left to worry about?
We posed the question to our favorite analysts, economists, and traders across Wall Street – and we were surprised at the number of people who declined to give an answer, telling us that they just couldn’t really think of anything too worrying right now.”
My chart? I still think Europe poses the biggest threat to the global economy. I provided a brief explanation:
(Via Orcam Financial Group)
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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