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This country will trigger 'the great unwind', according to SocGen's permabear Albert Edwards
Japan is the catalyst that could bring the record-setting bull market for stocks across the globe to a screeching halt, according to Société Générale’s uberbear Albert Edwards. The prominent SocGen strategist says surprise monetary tightening in Japan could be the trigger that finally upend what has been an protracted and unrelenting global rally for assets considered risky. While most investors are busy eyeing rate increases in the U.S. and tapering by the European Central Bank in the eurozone, Edwards says they should also watch developments in the world’s third-largest economy, Japan, where corporate ... (full story)