Abert edwards
’Market “capitulation”
DJIA – 2.99%
S&P -2.99%
Nasdaq -3.2%
Nikkei – 2.75%
Hang Seng -3.12%
Before the market opens here in London, a little something from yesterday — issued to SocGen clients before the rout. From Albert Edward,
Y…has a very long tale
From Albert Edwards, in his latest Global Strategy note – the first since he and James Montier at SocGen were again voted top global strategy team in the 2008 Thomson Extel awards:
Two clear behavioural biases in this industry mean that 99% of the forecasts produced by sell-side economists,
