Oct. 3 (Bloomberg) -- The Japanese yen goes into freefall.
China’s fragile economy tips over the edge. A wave of profit-crushing deflation comes washing over the U.S. and Europe.
Investors panic.
That’s the view of perennial pessimist Albert Edwards. The
London-based analyst and his team at investment bank Societe
Generale SA have been ranked No. 1 for global strategy in
surveys by Thomson Reuters Extel every year since 2007, even
with a history of saying unpleasant things that few want to
hear.