Investors Should Prepare for Threat of a ‘Minsky Moment,’ Says Economist

The logo of Credit Suisse on a building in Zurich, Switzerland, on April 4, 2023. Pierre Albouy/Reuters

Investors should prepare for months of market readjustments due to the imminent threat of a “Minsky Moment,” said a top economist.

The “Minsky moment” is named after economist Hyman Minsky’s description of a precipitous drop in asset prices after a build-up of debt.