Earlier post is here on BoA/ML Global Fund Manager Survey the 3 most crowded trades

A little more now, this time on what the managers say are the 3 biggest tail risks:

  1. A crash in bond markets (28%)
  2. Federal Reserve/ECB policy mistake (27%),
  3. China credit tightening (15%)

But wait, if 3 isn't enough for you .... more: