A war between China and Taiwan poses the biggest 'black swan' risk to markets right now, Federal Reserve chair Alan Greenspan has warned.

Lucas Jackson/Reuters

The risk of a Chinese invasion of Taiwan is the most significant `black swan' scenario threatening markets, according to Alan Greenspan. The former Federal Reserve chair said in his 2023 investment outlook that a conflict between the two countries would be "a nightmare scenario" for the global economy. Chinese president Xi Jinping...
Continue Reading A war between China and Taiwan is the economic 'black swan' investors should be most worried about, ex-Fed chair Alan Greenspan warns