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"Greedflation" isn't saving the market anymore, according to Société Générale's Albert Edwards.

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  • The risk of an economic slowdown is still alive in 2024, Société Générale said in a note.
  • "Greedflation" may have prevented an earnings slump last year, but that won't last, it said.
  • Investors are simply expecting too much from markets and the economy this year, strategists said.

Investors are underestimating the risk of an economic slowdown, and "greedflation" among companies can't prop up the market any longer, Société Générale said in a note this week.

Tags
economy, Markets, us-economic-outlook, recession-outlook, recession-2024, greedflation, Inflation, corporate-earnings, earnings-slowdown, recession-indicator, us-recession-outlook, economic-slowdown, soc-gen
Source
Markets are underestimating the potential for an economic slowdown, and 'greedf…