Demographics will doom America, says Albert Edwards

Uber-bearish Société Générale analyst Albert Edwards warns that America's demographics could doom it to a Japan-style 'lost decade'.

"I have been wrong," Albert Edwards, the uber-gloomy Socit Gnrale analyst, apologised last month. "I've been too bullish."

"Equity bears are now an endangered species," says Edwards, "just as they were in 2007". Edwards has long warned that America is set for a 'Japanese-style' lost decade but with stock markets now ticking up, he feels like "the last bear standing".

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James McKeigue

James graduated from Keele University with a BA (Hons) in English literature and history, and has a certificate in journalism from the NCTJ. James has worked as a freelance journalist in various Latin American countries.He also had a spell at ITV, as welll as wring for Television Business International and covering the European equity markets for the Forbes.com London bureau. James has travelled extensively in emerging markets, reporting for international energy magazines such as Oil and Gas Investor, and institutional publications such as the Commonwealth Business Environment Report. He is currently the managing editor of LatAm INVESTOR, the UK's only Latin American finance magazine.