Money and Finance
- Albert edwards and dylan grice: Bearish forecasts from two top strategists
Found via ValueWalk. It’s been nearly 18 years since Albert Edwards forecast an “ice age” in which bonds would outperform equities. He’s been right until just recently, when cumulative returns on the two classes converged. But Edwards insists...
- Sliding Yen Could Herald New Asian Currency Crisis: Albert Edwards
The falling yen coupled with a fall-off in Chinese investment inflows "increasingly resembles" the run-up to the 1997 currency crisis, said Albert Edwards, Societe Generale's ultra-bearish strategist. "It seems investors may have forgotten that yen...
- Rogers: Why Hendry And Edwards Are Wrong On China
Interesting. I could see a little back and forth banter coming from this. Jim Rogers has dismissed fears of a hard landing in China, saying slowing growth is simply proof the authorities are managing the economy as they intended. Rogers’ bullish views...
- Albert Edwards, Socgen Bear, Takes A Bite Out Of China
Thanks to Jason for passing this along.Analyst famous for his Ice Age thesis sees a new economic crisis on the wayStock markets ended 2010 on an upbeat note. The FTSE 100 index reclaimed the 6000 mark before slipping back, but still registered a 9% gain,...
- Albert Edwards: "we Are Returning To 450 On The S&p"
Via Zero Hedge. So far the equity market has shrugged off much of the weaker data that abounds, and has not joined the bond market in a perceptive move. The equity market will though crumble like the house of cards it is, when the nationwide manufacturing...
Money and Finance
Bear Investor Says 'I Have Been Too Bullish'
Albert Edwards, a global strategist at Societe Generale well known for his bearish stance, said late Monday he has got it wrong and that he has been too bullish.
“I have long believed that a lost economic decade was an inevitable consequence of the gross mismanagement of central banks," Edwards wrote in note to clients.
"Our Ice Age thesis called for a long secular equity valuation bear market, just like Japan. Most reject the comparison with Japan, especially with regard to the US having better demographics. Indeed I felt that beyond the lost decade and secular bear market, the US outlook was much more upbeat that Japan's," he explained.
“But now, I am thinking I might have been too bullish,” Edwards added.
- Albert edwards and dylan grice: Bearish forecasts from two top strategists
Found via ValueWalk. It’s been nearly 18 years since Albert Edwards forecast an “ice age” in which bonds would outperform equities. He’s been right until just recently, when cumulative returns on the two classes converged. But Edwards insists...
- Sliding Yen Could Herald New Asian Currency Crisis: Albert Edwards
The falling yen coupled with a fall-off in Chinese investment inflows "increasingly resembles" the run-up to the 1997 currency crisis, said Albert Edwards, Societe Generale's ultra-bearish strategist. "It seems investors may have forgotten that yen...
- Rogers: Why Hendry And Edwards Are Wrong On China
Interesting. I could see a little back and forth banter coming from this. Jim Rogers has dismissed fears of a hard landing in China, saying slowing growth is simply proof the authorities are managing the economy as they intended. Rogers’ bullish views...
- Albert Edwards, Socgen Bear, Takes A Bite Out Of China
Thanks to Jason for passing this along.Analyst famous for his Ice Age thesis sees a new economic crisis on the wayStock markets ended 2010 on an upbeat note. The FTSE 100 index reclaimed the 6000 mark before slipping back, but still registered a 9% gain,...
- Albert Edwards: "we Are Returning To 450 On The S&p"
Via Zero Hedge. So far the equity market has shrugged off much of the weaker data that abounds, and has not joined the bond market in a perceptive move. The equity market will though crumble like the house of cards it is, when the nationwide manufacturing...