Here is a CNBC article via finance.yahoo.com attempting to predict potential Black Swans that will torpedo investment markets. There is only one problem: you can't predict a Black Swan, hence the name. If you could predict a Black Swan, it's not a Black Swan.
Two of the predictions - Housing Bubble 2.0 and the Recovery That Isn't - don't even make sense. The economic recovery is real - it's time to discuss another topic. The Housing Bubble 2.0 is nonsense. Home prices, nationally, bottomed a year ago, and prices have increased 10.2% over the past year. Here is the key point that makes bubble talk silly: home prices are still 26% below their peak. The housing recovery is just getting started and it will pull the economy along with it. Talk to me when home prices are 30% above their previous peak.
The only one of the three points I agree with is Risky Business, but not as a potential Black Swan. Low rates are driving investors into buying risky investments in an attempt to capture yield. Some of these investments aren't going to perform as anticipated. This isn't a Black Swan event, it's common sense. High yield investments are high yield for a reason.
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