Just how risk-averse is the U.S. stock market? A new survey by Thomson Financial and the World Economic Forum calculates what traders are most worried about – and it’s a bit surprising. On “Street Signs,” Erin Burnett spoke with Thomas Aubrey of Thomson and Chris McGee of the PRS Group about what could be the biggest risk to the market - and it isn't terrorism.
According to the study, which surveyed one thousand traders, bird flu is a significantly larger risk to the market than terrorism. Aubrey says the reasoning behind this is that a bird flu pandemic would affect employees in the financial sector around the world at the same time, whereas terror attacks tend to be location-specific and thus less disastrous for the market on a global level.