Today's market reminds SocGen's Albert Edwards of mid-2007, when investors pushed the S&P...

|By:, SA News Editor

Today's market reminds SocGen's Albert Edwards of mid-2007, when investors pushed the S&P 15% higher, because recent reaction to economic data suggests the market is in a similar "deluded" state of mind. "Yet again," he says, "equity investors refuse to accept they are now locked in a Vulcan death grip and are about to fall unconscious."