11/10/18

Albert Edwards: "Equity Investors Are Facing The Four Horsemen Of The Apocalypse"



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Albert Edwards: "Equity Investors Are Facing The Four Horsemen Of The Apocalypse"
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Even SocGen's Albert Edwards was surprised at how quickly his latest predication was validated.

Recall that 3 weeks ago with the 10Y yield at 3.10%, with Edwards looking at the surge higher in 10Y Yields the SocGen strategist pointed out that the break in the 10y above 2.8% was not the key level that could mark the end of the secular bull market, but rather it was the 3.05% zone as shown in the chart below.

Commenting on this breakout, he said that rates might surge further and addressed whether this would mean the end his "Ice Age" thesis. As he noted, if ...

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