REAL ASSETS FINALLY BECOME A BALL AND CHAIN FER WALL - TopicsExpress

REAL ASSETS FINALLY BECOME A BALL AND CHAIN FER WALL STREET!! While profits growth is so anaemic, any adverse shock such as an Asian currency devaluation that we have discussed previously (including both Japan and China), will be enough to deepen that profits recession and send US investment expenditure into decline. While most equity investors appear to believe that the US economy has reached escape velocity, a recession carries a far higher risk than the market supposes. businessinsider/albert-edwards-warns-of-declining-profit-growth-2014-3

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