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Scary Stories: What's Your Favorite Tail Risk?

A new BofA report names various market tail risks -- big scary things that could happen in an outlier scenario -- and then suggests ways of hedging against them. Here is the list, which doesn't feel all that tail-like to me:

• Inflation/ $100bbl oil
• Double dip
• China bubble
• Protectionism / USD crisis
• Japan debt default
• U.S. housing  / consumer recovery
• No surprise

What would you add to the list?

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