Global Markets Face 'Minsky Moment' Danger: Allianz

The transcript discusses expectations around the Federal Reserve's rate cuts, predicting they will occur at the end of the year. It highlights concerns about the commercial real estate sector and potential risks in the financial sector, including liquidity issues and credit risk mispricing. The discussion suggests a cautious optimism about avoiding a full-blown crisis, despite the challenges.

What does the speaker mean by a 'Mitski moment' in the context of liquidity?

In what ways does the speaker suggest that financial accidents could arise in the near future?