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.

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