Not exact matches
But we expect to be in a better place by mid 2013, as BofAML economists expect a bottoming in
China growth, reduced
tail risk from Europe, and a multi-stage fix to the Fiscal Cliff.»
First, the
tail risks (low - probability, high - impact events) in the global economy — a eurozone breakup, the US going over its fiscal cliff, a hard economic landing for
China, a war between Israel and Iran over nuclear proliferation — are lower now than they were a year ago.
VaR and Stress Tests: The Impact of Fat -
Tail Risk and Systemic
Risk on Commercial Banks in Hong Kong and
China