A signal for the financial markets to have another dose of the heebie-jeebies?
Tail risk, broadly speaking, is whatever financial cataclysm is believed by markets to have a 1percentt chance or less of happening.
There is an ever-increasing concentration of ownership as a result of the expansion of large multinational groups, which also allows foreign markets to have a greater impact on French industry.
"When Bush and Greenspan have a chance to talk this through, it would be in the best interest of everybody, including the financial markets, to have a succession strategy," said Carl Tannenbaum, chief economist at LaSalle Bank in Chicago.
On the other hand, and with much more fervor, drugstore.com employees clearly believe that it also does not make sense for the markets to have driven the stock all the way down to about $6 a week ago.
Some members had judged the UK corporate sector to have been more risk averse recently and conditions in capital markets to have tightened, with some spreads more elevated than historical averages.
