Albert Edwards: Markets face Freddie Kruger-like nightmare: "It's not the first time that Edwards has made bearish predictions on stocks. In September 2012, Edwards said the U.S. had already entered a recession and it wouldn't be long before the equity market reacts. He also warned about the "ultimate" death cross for the S&P 500 – where the 50-month moving average falls below the 200-month moving average. Since that call the S&P 500 has risen around 26 percent."
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