Nomura Points Out Nine 'Gray Swans' to Watch for in 2019

The video discusses Nomura's predictions for the coming year, focusing on three main themes: the end of populism, an Italian Renaissance, and a potential market quake. The end of populism is explored through the lens of recent political shifts in the US and UK. The Italian Renaissance is considered in terms of economic growth and fiscal stimulus, despite European constraints. Finally, the market quake is highlighted as a significant risk, with potential impacts on global markets, particularly in China.

Discuss the relationship between market quakes and the rise of populism as mentioned in the text.

What potential market events are flagged in the text, and what do they imply?