What are the biggest risks to the current relative market stability?
Standfirst ...
percent chance
0%
10
20
30
40
50
New variants that bypass vaccine 53%
Higher than expected inflation/bond yields 52
Strong economic growth not materialising or is short lived 32
A central bank policy error 32
Waning vaccine efficacy 21
Geopolitics 20
Fiscal policy being tightened too quickly 18
Uneven global vaccination campaign and economic recovery 16
A tech bubble bursting 12
Worries of long-term structural consequences of Covid-19 shock 11
Worries about debt burden 10
Domestic politics 8
Other 1