The Year of the Black Swan: Two Significant Financial Events to Watch in Q1 2024 On December 28, 2023 By Awake-In-3D What Is a Black Swan Event? A black swan event is an extremely rare and unpredictable occurrence that has significant and widespread consequences. It is characterized by being an unexpected outlier, having a high impact, and then being “rationally” explained after the fact. The term originated from the belief that all swans were white until the discovery of a black swan in 17th century England. Examples of black swan events include the 9/11 terrorist attacks, the 2008 financial crisis,…
Romeo Full Staff
Comments