SocGen's Albert Edwards warns Fed may need 200 bps of hikes, sees 10% 10-year yield

SocGen strategist Albert Edwards warns the Federal Reserve may need 200 basis points of rate hikes rather than just two or three cuts, and says the U.S. 10-year yield could reach 10%. He also sees scope for a slide in the S&P 500.

Detected & updated continuously · Source: Nebula