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OH NO 666. LOL,, Albert Edwards: "In The Next Recession, The S&P Will Drop Below 666"

By: capt_nemo in POPE IV | Recommend this post (2)
Mon, 09 Apr 18 7:36 AM | 61 view(s)
Boardmark this board | POPES NEW and Improved Real Board

Msg. 46675 of 47202
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"In the next recession, I would expect the P/E to bottom at about seven times, a lower low with earnings about 30% lower because of the recession. That would put the S&P lower than the 666 low of the previous crash, versus 2671 Thursday afternoon."

http://www.zerohedge.com/news/2018-04-08/albert-edwards-next-recession-sp-will-drop-below-666

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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