Albert Edwards Sees Overconfidence In Forward Rates – ValueWalk Premium
Albert Edwards 5y in 5y inflation 1014

Albert Edwards Sees Overconfidence In Forward Rates

The US stock market has almost fully recovered from its mid-month drawback now that continued QE seems to at least be on the table, and not only is Societe Generale strategist Albert Edwards troubled by ‘grotesque, QE-fuelled market overvaluation’ he thinks that investors are overconfident in central banks’ ability to keep a lid on the business cycle.

“The problem is that, at these stratospheric valuations, the market does not need to suffer an

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