Uncertainty
From Risk to Uncertainty
Stress-test complacency will be a cause of the next financial meltdown.
Economic commentators have been increasingly using the word "uncertainty" of late. The context has included the business climate, the stimulate vs austerity debate, and forecasting the investment outlook across capital markets. Two examples:
"When businesses try to plan...or game out credit availability or the investment climate, they just don't know what it will look like. Uncertainty is a real killer." - Director of Government Affairs of the US Chamber of Commerce to the Financial Times
From Risk to Uncertainty
Submitted by John Fullerton on Mon, 08/09/2010 - 12:49pm
Author:
John Fullerton Stress-test complacency will be a cause of the next financial meltdown.
Economic commentators have been increasingly using the word "uncertainty" of late. The context has included the business climate, the stimulate vs austerity debate, and forecasting the investment outlook across capital markets. Two examples:
"When businesses try to plan...or game out credit availability or the investment climate, they just don't know what it will look like. Uncertainty is a real killer." - Director of Government Affairs of the US Chamber of Commerce to the Financial Times
