• We see five serious dangers to markets, and each of these could strike pretty soon.
• A trade escalation, the first innings of what could be a more general emerging market crisis, is joined by three big unfolding problems in Europe.
• There is a high probability Brexit will be botched, Italy’s new budget could quite easily trigger a confidence crisis and a new refugee crisis looms.
• We’ll be lucky if we escape all five of these potential crisis. What makes the situation particularly dangerous is that they can infect one another.

Source: A Hot Autumn For Stocks | Seeking Alpha