Move Over Mad Max Albert Edwards Predicts The End… Again
Albert Edwards, the outspoken and often negative global asset research analyst for Societe General, would pair well at a dinner party with George Miller and Byron Kennedy, creators of the “Mad Max” franchise of films that revealed a post-apocalyptic world where all order had broken down. The highly entertaining and often insightful Edwards, in an “alternative view” research piece out Wednesday, points a familiar finger China as well as central bank central planning and says “the illusion of prosperity is shattered as boom now turns to bust,” as a 75% stock market decline is in sight. Get The Full Ray Dalio...