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Albert Edwards, Global Strategist at Societe Generale, comments the recent devaluation of the Yuan and the consequences on the global markets.

18/08/2015

In a recent article written by Adam Haigh and Jason Clenfield from Bloomberg, Albert Edwards, Global Strategist at Societe Generale, comments the recent devaluation of the Yuan and the consequences on the global markets.

“We expect the acceleration of emerging market devaluations to send waves of deflation to the west to overwhelm already struggling corporate profitability and take us back into outright recession.”
Albert Edwards, Global Strategist at Societe Generale

To read the article, please visit: www.bloomberg.com