Albert Edwards: First the meltdown, then the melt-up

A couple of weeks ago I mentioned Albert Edwards' bullish views on US Treasuries. The interesting bit was his prediction that 10-year Treasury rates would exceed 3% before long. He is basically saying, 'first the meltdown, then the melt-up'. That's the exact opposite of Ray Dalio is saying about equities, by the way. So I thought I would highlight Edwards' thinking given he has released an update.
Myth: Equities and Bonds move in opposite directions
You would think that Ray Dalio's view goes ha...

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