There has been much teeth mashing regarding central bank unconventional monetary policy and the potential for a monetary devaluation amid forthcoming Fed rate hikes. Well known central bank critic Albert Edwards looks at the situation with his Societe Generale’s clients who, likewise, “Many clients we meet have similarly apocalyptic views to our own but remain fully invested. They cannot see an immediate trigger for the financial Armageddon that they accept is heading slowly our way.. .” No one can see the trigger for what Edwards describes as “financial Armageddon,” but they recognize it is coming, he writes in a December…
Albert Edwards Has A Friendly Reminder – “Financial Armageddon” Still Coming
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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