Albert edwards societe generale bio

The analyst who said greedflation was killing capitalism is rolling his eyes about AI: ‘Every bubble has a compelling narrative’

Will Daniel

4 min read

Société Générale’s chief global strategist, Albert Edwards, isn’t known for his optimism. The Wall Street veteran made a name for himself in financial papers in with a bold prediction about an “ice age” of economic stagnation and negative bond yields in the West that proved at least partially correct. And in recent years, Edwards has been the rare voice from finance legitimizing the controversial term “greedflation”—the criticism of corporations for using rising material costs during the pandemic and war in Ukraine as an “excuse” to boost their profit margins. In April , his lament about the economic impact of corporate greed rang out across the Street: “We may be looking at the end of capitalism.”

While many economists argue that the rise in corporate profits during the inflationary post-pandemic lockdown

Albert Edwards - Global Strategist @ Societe Generale ...