Marlborough: Four potential 'black swans' for 2022

A look at extreme, yet still plausible, events

Covid-19 and its economic fallout have driven dramatic moves in markets for nearly two years, as well as changing the way people around the globe live and work.

What new ‘black swans' could the world face in 2022? Marlborough's multi-asset team has conducted scenario analysis looking at extreme events that, although unlikely, are still plausible. Here are four of the potential wild-card scenarios the team has considered that could have a dramatic impact on financial markets in the year ahead. Covid-19 ‘super vaccine' Existing Covid-19 vaccines have been invaluable, but issues such as diminishing efficacy, vaccine refusers and new strains of the virus mean we still live in the shadow of the coronavirus. The economic impact remains conside...