Société Générale strategist, and well known permabear, Albert Edwards warns


that the past few sessions of falling prices seen in high-yield bonds and stocks of highly indebted companies could suggest excessive leverage might be “the key area of vulnerability that could bring down the inflated pyramid scheme that the central banks have created.”


MarketWatch 16 November 2017

Kommentarer

Populära inlägg i den här bloggen

Pfizer in 2019 sold $20 billion of drugs in the U.S. Its federal tax bill? Zero; Ireland

My blogg short index

Things might be different this time; mitt senaste storverk