SocGen's Edwards: We are now just one recession away from Japanese-style outright deflation

Inevitable recession will wreak 'havoc'

Tom Eckett
clock • 2 min read

Société Générale's bearish strategist Albert Edwards has said the Western world is slowly descending into outright deflation, much like Japan in the 1990s, pointing to most recent US inflation data surprising on the downside.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Concerns FOMC meeting will be led by 'politics rather than policy'

Concerns FOMC meeting will be led by 'politics rather than policy'

Rates expected to remain at 3.5%-3.75%

Patrick Brusnahan
clock 27 January 2026 • 2 min read
Gold holds above $5,000 mark as dollar continues to sink

Gold holds above $5,000 mark as dollar continues to sink

Gold price holding at record high

Eve Maddock-Jones
clock 27 January 2026 • 2 min read
Market Movers blog: Shop prices rise across the board in January following surprise jump in inflation

Market Movers blog: Shop prices rise across the board in January following surprise jump in inflation

Latest news and analysis

Investment Week
clock 27 January 2026 • 1 min read
Trustpilot