Nomura has some potential surprises investors should at least consider heading into 2025, and one of them involves bull market leader Nvidia , which is weighing on the broader market Monday .
As part of its 2025 outlook, the firm listed its so-called grey swan events.
"We prefer a grey swan — a low probability, high impact event that few expect," the firm told clients, while including some ways to position for these surprises.
However, the firm noted that low index volumes mean hedges should stay cheap for investors.
Here are the other five "grey swan" events the bank laid out for clients, along with its tips on how to best position:
Persons:
Nomura, Blackwell
Organizations:
Nvidia
Locations:
China