‘Ice Age’ Bear Claims He Was Too Optimistic

  • After temporarily suspending his deflationary expectations, perma-bear Albert Edwards is back to his old ways, predicting a deflationary wave for the US economy.
  • The bad news is, if he’s right, the consequences for many US (and overseas) asset prices are substantial, to put it mildly.
  • The good news is, if he’s only half right, it creates a near perfect scenario for US asset prices, and this is what has materialized, at least so far.

Source: ‘Ice Age’ Bear Claims He Was Too Optimistic | Seeking Alpha