YOUR PORTFOLIO
The new black ( swan )
The sight of traffic queues in forecourts up and down the country has become an all-too-familiar sight in recent weeks . But what if rather than stockpiling petrol , we were forced to start stockpiling cash ? That is the situation we may find ourselves in if there were a massive cyberattack on a western government , according to Salman Ahmed , global head of macro and strategic asset allocation at Fidelity . “ We never hold cash at home . Perhaps we should start ,” he suggests , only half-joking . “ A huge cyberattack wouldn ’ t have been a black swan event 20 years ago . But given the change in economic structures and the role of technology
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