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‘The Ice Age will soon be upon us’: One market bear explains why the next recession will do the unthinkable to US markets
05/14/2019 General World News
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  • Albert Edwards, the global strategist at Societe Generale, says he is convinced that the Ice Age theory he has promoted since the 1990s will soon hit the US.
  • His theory stipulates that a wave of deflation would pummel long-term bond yields towards zero and send stocks tumbling in tandem.
  • In a recent note to clients, Edwards explained why he doesn’t foresee a jump in inflation any time soon, and the impact that the next recession would have on stocks and bonds.
  • Visit Business Insider’s homepage for more stories.

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Source:: BusinessInsider.Com

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