The Institutional Risk Analyst

So what is our top concerns in 2019? First comes liquidity. For the past several weeks, US equities have fallen as the great unwind gathers speed. The same pressures that are causing the Federal Open Market Committee to consider pausing on rate hikes in 2019 are forcing stocks lower.

Volatile markets have finally made policy makers start to fret about excessive leverage and sky-high asset prices, two results of years of equally excessive monetary policy. Former Federal Reserve Chair Janet Yellen, for example, worries from the speaking circuit about excessive leveraged lending and the level of corporate debt across Wall Street.