Fed Could End Up As A Laughing Stock: Albert Edwards – ValueWalk Premium
ECRI Albert Edwards

Fed Could End Up As A Laughing Stock: Albert Edwards

Societe Generale’s Albert Edwards points to the S&P profit slump as proof that the US recovery isn’t as strong as the Fed believes, even if wages are improving
Most analysts expect the first Fed rate hike to happen this year, possibly the summer, and while he doesn’t necessarily disagree that a rate hike is coming

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