Albert Edwards

Albert Edwards, a veteran global strategist at Société Générale, dives deep into the AI bubble, likening today's excessive optimism to the TMT mania of the late '90s. He warns that both earnings and valuations are more fragile than they appear. The discussion covers the potential impact of Fed policies on prolonging this bubble, China's deflationary pressures, and the risks to consumption from a market crash. Edwards also explores gold's role as a safe haven and the necessity of cautious trading strategies amidst this market frenzy.