Perma-bear Albert Edwards warns stocks are drunk on Kool-Aid as recession looms
The stock market, like most asset classes, benefited from a decade long easing by the central banks of the world.
Albert Edwards believes that it is starting to look a lot like 2007.
At that time, the economy was doing well with many touting the terrific growth rate. A little over a year later, the global economy was in free fall.
He sees similiarities to that time in the markets now. According to his view, recession is just around the corner, something the markets are totally ignoring.
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If the Dow continues to make new highs whe will have a vertical market so get ready and invest In US stocks you won’t be sorry.
Hi @finprep; At present, profit can be seen in the stock market right now, because there is no recession period, there is equality in the market, but you can not even trust your whole, if the decline starts, then what will be known, Wrote a good post thanks...
I agree
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Thanks Obama