Albert Edwards: “The Reflation Trade Is Trump-Inspired Fake News”

It's Thursday and do you know what that means? That means that if Albert Edwards isn't "warming his bones" on a his favorite beach in Barbados, there's at least a 40% chance he's got a new note out. Today we (and by extension you) are lucky because Wall Street's most beloved bear indeed has something new for us. This week, Edwards is taking a look at volatility or, more appropriately, a lack thereof. Essentially, he thinks that while equity vol has captured the market's imagination, it migh