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Are You Ready? - Here Come The Black Swans

Today's Brexit vote in Great Britain Is A High Flying Risk. I think it's included in the "Double-drag from European policy uncertainty (40%" on the top of Michala Marcussen's imaginative chart.

 

When asked, she said she knows these are not really black swan events. The first actual live black swans, that were discovered by westerners in Australia were not predictable. The events on this chart are predictable, with some probability factor as shown on the chart.

 

She uses the title because the stock markets were not taking these predictable events into consideration a few weeks ago when she presented this chart. She thought that was an unrecognized risk in trades at that time.

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Uploaded on June 23, 2016
Taken on June 8, 2016