“The weak dollar should be seen as merely a shuffling of deckchairs on the Titanic before the global economy sinks below the icy waves,” that’s the most recent dose of permission from Societe Generale’s vocal perma-bear Albert Edwards. Albert Edwards: The PBoC Is Running Out Of Time Only “Months Left” To Stop Collapse In a research note sent out to clients at the end of last week, Edwards warned that the dollar’s recent weakness has masked underlying deteriorating macroeconomic fundamentals. Edwards writes that until last week, “both equity and commodity markets had embraced the weak dollar as the elixir to solve…
Albert Edwards: This Is Going To End Badly
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