ALBERT EDWARDS: Japan is flashing a major change for the US economy and the market implications could be ‘immense’
|05/16/2018||Posted by BusinessMediaguide.Com under General World News||
- Japanese wage inflation has surged in recent months and it could be a big sign of what’s in store for the US economy, according to Societe Generale’s Albert Edwards.
- Edwards argues that the US economy often follows Japan’s, so a similar surge in wages could be on the way.
- The market implications of such an increase would be “immense.”
A surprise surge in inflation in Japan could be a sign of a major shift coming in the US economy, according to Societe Generale’s notoriously bearish strategist Albert Edwards.
Writing to clients on Tuesday, Edwards argues that Western economists tend to have too narrow a read more >>>