RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: "Investors Should Be Petrified" Of The Coming Ice Age: Here Are Albert Edwards' Scariest Charts Wed Jun 07, 2017 6:52 pm | |
| Congratulations to Albert Edwards who this morning announced that he has once again placed first in the 2017 Extel Survey of analysts in the Global Strategy category, for the record 14th year in a row. As he adds "it is particularly gratifying that clients still seem to highly value our thoughts, especially during these cyclical intermissions in the Ice Age, when equities outperform government bonds." This year's victory appears to have been especially hard won because as he adds "you have to have a thick skin in this business, especially when our press office forwards our online press cuttings. Some of the reader abuse can get very, very personal. How do they know this stuff about me? The comments surely can't all be from my former partner!"
Of course, this being Albert, not even his record victory can brighten up the mood much, and the SocGen strategist then adds that "the current QE-inflated, cyclical equity bull market may have gone on way longer than we expected, but equities have only just managed to catch back up with global 10y+ government bonds (see chart below). The secular equity bear market will inevitably reassert itself and that performance chasm will open up again."
http://www.zerohedge.com/news/2017-06-07/investors-should-be-petrified-coming-ice-age-here-are-albert-edwards-scariest-charts |
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CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Re: "Investors Should Be Petrified" Of The Coming Ice Age: Here Are Albert Edwards' Scariest Charts Thu Jun 08, 2017 3:48 am | |
| - Quote :
- Tall Tom LawsofPhysics Jun 7, 2017 10:38 AM
Relative evaluations and measurements mean squat unless there is a constant.
In Space-Time that constant is 'c'.
Current econophysics lacks that constant. |
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RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Re: "Investors Should Be Petrified" Of The Coming Ice Age: Here Are Albert Edwards' Scariest Charts Thu Jun 08, 2017 4:02 am | |
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CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Re: "Investors Should Be Petrified" Of The Coming Ice Age: Here Are Albert Edwards' Scariest Charts Thu Jun 08, 2017 4:10 am | |
| - Quote :
- Nobody For President Tall Tom Jun 7, 2017 11:29 AM
The constant is 'f', for 'fraud'.
Thus 'p' for print has no relation to 'pr' for productivity. |
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| Subject: Re: "Investors Should Be Petrified" Of The Coming Ice Age: Here Are Albert Edwards' Scariest Charts | |
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