Economics

Albert Edwards Says Watch Japanese Yen and Be Very Afraid

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Oct. 3 (Bloomberg) -- The Japanese yen goes into freefall.China’s fragile economy tips over the edge. A wave of profit-crushing deflation comes washing over the U.S. and Europe.Investors panic.

That’s the view of perennial pessimist Albert Edwards. TheLondon-based analyst and his team at investment bank SocieteGenerale SA have been ranked No. 1 for global strategy insurveys by Thomson Reuters Extel every year since 2007, evenwith a history of saying unpleasant things that few want tohear.