Has The Last Bear Capitulated?Mark Melin
The quantitative easing asset bubble that has driven valuations to historically high levels, driving volatility into the cellar, is going to eventually crash, institutional investors to whom Albert Edwards converses say. It’s not a matter of if, but when, the notoriously bearish Societe Generale analyst says. For most clients he talks to, they see more runway ahead for bulls and don’t want to miss out on the gains, for now.
Investors don't think the bull market will end for another 12 to 18 months
While there . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.