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First Trust/Aberdeen Emerging Opportunity Fund of Beneficial Interest
From time to time certain "events" seem to spring up out of nowhere and adversely impact world markets. The recent Coronavirus appears to be the latest of these. In this article I try to determine if this is really a "Black Swan" or if indeed it is nothing but a "Red Herring".
Before getting into the nuts and bolts of this issue, let's define both scenarios:
Black Swan - The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect,