The Latest Breaking News from Albert Edwards

Record revenues but plummeting profits: The Fortune 500 is trying to tell us something about the state of the economy

Fortune 500 companies generated record revenues of $18.1 trillion last year, but profits tanked roughly 15%. Here's why that happened and what it means for the economy.

Fortune · Jun 10, 2023

‘We may be looking at the end of capitalism’: One of the world’s oldest and largest investment banks warns ‘Greedflation’ has gone too far

Albert Edwards, an economist at the 159-year-old investment bank Société Générale, says corporate greed may call for the unthinkable: Price controls.

Fortune · Apr 5, 2023

What’s Next for Britain? Simon Wolfson’s prediction isn’t cheery

Share price fell 13% after CEO’s warning worst is to come, but scale of uncertainty makes precise projections impossible

The Guardian - UK · Sep 29, 2022