The Japanese yen goes into freefall. China’s fragile economy tips over the edge. A wave of profit-crushing deflation comes washing over the U.S. and Europe. Investors panic. That’s the view of perennial pessimist Albert Edwards. The London-based analyst and his team at investment bank Societe Generale SA have been ranked No. 1 for global strategy […]
LATEST NEWS : Global Equities Fall on Signs of Europe Weakness, Russia
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U.S. stocks followed European equities lower amid growing signs of economic weakness in the euro area and rising tensions over Ukraine. Treasuries rose as investors weighed American labor data. continue reading at bloomberg.com
Will the Next Financial Crisis Cost More than $14 Trillion?
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“The psychological hangover from the 2007-2009 financial crisis seems to still be with us. Indeed, in the second edition of Conquer the Crash (p. 91), Robert Prechter noted: “The psychological aspect of deflation and depression cannot be overstated.” But the worst of the financial crisis was five years ago. Is it odd to even mention […]
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