Could the end be nigh for stocks?

Stocks may be entering a financial Ice Age, leading to a brutal bear market that will 'slash portfolios Like Freddie Krueger', believes SocGen's Albert Edwards.

"We are on the cusp of an equity meltdown that will shred and slash portfolios like Freddie Kreuger," says Socit Gnrale's Albert Edwards in a recent note. "We are not through the worst of this crisis. The worst is still to come."

The legendarily bearish strategist recommends investors cut global equity exposure in their portfolios to 30%, with 50% in AAA-rated government bonds a bet, says Ambrose Evans-Pritchard in The Daily Telegraph, "on gruelling Japanese' deflation"."This truly is the stuff of sandwich boards and loud hailers a message that the end is nigh," says Paul Murphy on FT.com's Alphaville.

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