Black Swan Market Crash Magnet

A black swan in the financial markets is an unexpected event, usually a disaster like a stock market crash, banking crisis, a bear market, recession or depression. Companies go bankrupt. Investors go broke. The government has to rush in with a bailout… if you are lucky. What makes it a black swan is that nobody sees it coming. The good times are here to stay. You can almost be sure that black swan will appear when respected analysts or economists reassuringly say, “This time it’s different.”