January 6, 2025 (NO COMMENTS)

Towards the end of last year, for our annual ranking of investment risks, Risk.net asked investors what was worrying them most. The broad direction of their thinking show as much in the answers they didn’t give, as the ones they did.

Gone from the list this time are a refinancing crunch, a real estate crash, the possible resurfacing of banking troubles, and turmoil in private markets.

It’s clear what changed. The US Federal Reserve began a long-expected rate cutting cycle in September 2024. And