There is a growing combination of lower-probability risks, so-called grey swan events, that could individually or in combination create some trouble for the international financial markets in the near future.
1. No-deal Brexit:
2. Automobile tariffs by the Trump administration targeting Japanese and European car makers
3. EU-U.S. trade dispute
4. Hong Kong protests
5. Italian budget drama
6. Iran conflict
7. Currency wars
8. India-Pakistan Kashmir conflict
9. Argentina crisis
10. All the other smaller trade wars