``The recent emerging market selloff was the final tweet of the canary in the coal mine, according to Albert Edwards, Societe Generale's uber-bearish strategist, who now predicts a global recession with equity valuations dropping to their lowest levels in a generation... The ongoing EM (emerging market) debacle will be less contained than subprime ultimately proved to be," he said ...''

Comments: Be the first to add a comment

add a comment | go to forum thread