What asset class could 'break' in 2015 and spill over into equities, and what does that mean for investors

What asset class could 'break' in 2015 and spill over into equities, and what does that mean for investors? The stock market has had a jittery start to 2015 as investors fret about the raft of risks facing global economies and markets. Investors should be asking if something is going to 'break' in 2015. In particular, will an event occur that triggers a reassessment of bond yields and then a contagion effect that spills into other markets, including Australian equities? As we look ahead, we believe there are major risks that are crucial in 2015, including falling oil prices and the potential for a 1990s-type credit collapse. But perhaps the biggest potential for 'something to break' is the bond market, particularly in the sub-prime bonds of Europe. Read more: (VIEW LINK)