Financial Leaders Warn of Market Fragility and Underestimated Threats at Hong Kong Summit
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Global bankers at Hong Kong summit see potential for financial blowups due to fragile markets, shadow lenders, geopolitical tensions.
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Deutsche Bank, Bridgewater executives warn markets underestimate length of interest rate tightening needed to curb inflation.
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Citadel's Ken Griffin says world leaders risk reigniting inflation through deglobalization policies.
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Roughly half of global financial assets now in "shadow sector," a key concern per UBS chairman.
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Speakers cite range of unpredictable threats like politics, geopolitics, deficits, though past crises like COVID-19 were unforeseen.