Fears over US monetary tightening, rate hikes, and recession triggered the 1987 stock market crash, and there are parallels with today's market environment, said Société Générale's Albert Edwards.
In his latest note, the ultra-bearish strategist said the evolution of bonds yields and equity markets this year looks similar to what happened before the market collapse of 1987. On 19 October that...
Songs from writers Johntá Austin, Sean Garrett and Rico Love
Analysts in bullish mood
Uncertainty has resulted in 2% less growth
Expected to complete in Q2