Societe Generale's Albert Edwards says that while everyone might now be bullish on equities,...

|By:, SA News Editor

Societe Generale's Albert Edwards says that while everyone might now be bullish on equities, investors should stick with bonds in an environment where individuals are deleveraging. "In a post-bubble, Ice Age world, lower bond yields go hand in hand with higher equity yields," he says. So "we are locked in a secular bear market for equity valuations."