Deutsche Bank listed an algorithm-driven, "fire sale in equities and credit" as one of its top risks to markets in 2019. "Monetary and fiscal policy are out of ammunition and the world experiences a Minsky moment," is also on the list published by the firm's chief international economist, Torsten Sløk. Other risks included slowing economic growth in China and Europe hitting the US economy, a yield curve inversion slamming equity and credit market confidence, and central banks around the...

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