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Never. Been. Higher.

Societe Generale’s Albert Edwards is more worried than ever... and more hopeful than ever. His weekly note has a smattering of Good (hope for a Kevin Warsh Fed), Bad (the ignorance of a Larry Summers debtfest), and Ugly (corporate leverage has never, ever, been higher)... The Good Much to my own regret I had never familiarised myself with the views of Governor Warsh, who was at the Fed from 2006-11, and played a key role in navigating the Fed through the crisis.
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ALBERT EDWARDS: It is already too late to raise rates

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It may already be too late, regardless of whether the Federal Reserve is patient or not. In a note Thursday, Societe Generale's Albert Edwards writes that the Fed's easy monetary policy since the last recession has achieved some of ...

ALBERT EDWARDS: THE VICE-LIKE GRIP OF THE BEAR WILL SOON SQUEEZE THE HOPE FROM YOUR GASPING, BROKEN BODIES

Business & Finance : Business Insider: Clusterstock

Albert Edwards, the consistently bearish strategist at Societe Generale, just published his latest note to clients. And his message is as dark as ever. "The resilience of the US equity market in the face of a rapidly deteriorating p...

ALBERT EDWARDS: A Key Precursor For A Recession Has Now Fallen Into Place

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Societe Generale's Albert Edwards is one of many strategists who continue to warn that high corporate profit margins are unsustainable. In his latest research note, he warns that the margin squeeze is on, and that's likely to be bad...

ALBERT EDWARDS: The Fed 'has allowed an Orc-like monster to incubate, hatch and emerge into the sunlight, snarling and ready to do battle.'

Business & Finance : Business Insider: Clusterstock

Albert Edwards has central banks in his sights again. Societe Generale's bearish strategist wrote a note to clients Thursday going back to what he calls, "my favorite pastime — kicking the Fed." This time Edwards said that the Fed a...

ALBERT EDWARDS: The economy looks like what 'I saw before the 2008 Global Financial Crisis'

Business & Finance : Business Insider: Clusterstock

Albert Edwards does not agree with Larry Summers. Societe Generale's über-/perma-bear strategist laid out another dire, debt-fueled prediction in a note to clients on Thursday, warning that the problems with central banks and increa...

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