The Meb Faber Show - Better InvestingThe Idea FarmAll episodes
SocGen’s Albert Edwards on 10% Yields and a 50% to 60% Drop | #656
Today's guest is Albert Edwards, Global Strategist at Societe Generale.
In today’s episode, Albert lays out why he sees US 10 year yields heading to 10% and the S&P may fall 50% to 60%. He explains how fiscal dominance will push central banks to print, why consumers are paying nearly $150 for oil, and why China’s credit impulse is flashing red. To close, Albert shares what the IPO boom signals about this cycle.
(0:00) Intro
(2:01) Albert's Market Outlook
(9:15) Bond Yields Flip the Script
(17:25) Greedflation and Fed Tightening
(27:37) China, Fiscal Strain, and Liquidity
(33:26) IPOs, Breadth, and the AI Boom
(39:43) Recession Risks and Inflation Hedges
(42:12) Oil, Diesel, and Food Prices
(49:03) Gold and the Debasement Trade
-----
Follow Meb onX,LinkedIn andYouTube
For detailed show notes, click here
To learn more about our funds and follow us, subscribe to our mailing list or visit us atcambriainvestments.com
-----
Follow The Idea Farm: X | LinkedIn | Instagram | TikTok
-----
Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com
-----
Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.
-----
Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!
-----
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
