Notorious skeptic Albert Edwards says stocks just flashed a rare bear market signal that showed up before the last 2 crashes — here’s his best advice for navigating a possible meltdown
|11/09/2018||Posted by BusinessMediaguide.Com under General World News||
- Semiconductor stocks have lagged the broader stock market’s performance, leading to the reemergence of a technical pattern that preceded the last two market crashes.
- Albert Edwards, a notoriously skeptical strategist at Societe Generale, said this has bearish implications for stocks.
- The performance of chipmakers is used as a leading indicator because their products are required in the early stages of production for a plethora of tech devices.
The once high-flying semiconductor industry is in trouble.