ALBERT EDWARDS: There's a hidden risk that could accelerate the collapse of the market's long-running 'financial Ponzi scheme'
Get the Full StoryChina Daily ReutersNotoriously bearish Societe Generale strategist Albert Edwards used Wednesday's surprisingly strong inflation data to argue a market reckoning is imminent.
He's particularly worried about a possible breakout in the Japanese yen versus a US dollar that's already weak and being blamed for worsening inflationary pressures.
One of Wall Street's most outspoken bears used Wednesday's surprisingly strong inflation data as an opportunity to criticize what he sees as "ludicrously timed" fiscal stimulus.
That would be Societe Generale's notoriously pessimistic investment strategist Albert Edwards, who didn't mince words in a note sent to clients.See the rest of the story at Business InsiderNOW WATCH: Microsoft President Brad Smith says the US shouldn't get 'too isolationist'See Also:Millennials are making a big mistake when it comes to investing, Morgan Stanley's US equity chief saysALBERT EDWARDS: There's a hidden risk that could accelerate the collapse of the market's long-running 'financial Ponzi scheme'The stock market is in a bubble just not the kind we're used to seeingSEE ALSO: The stock market's worst-case scenario is playing out
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