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[nimblebear]

"And even if the Fed resumes massive QE at some point as the world melts down, and markets desperately attempt their return to the dream trance, they will instead find themselves locked into a Freddie Kruger-like nightmare in which phase 3 of this secular bear market takes equity valuations down to levels not seen for a generation," closed Edwards.

Read more: http://www.businessi...2#ixzz2sYPBHI5O

(I guess if you're wrong for 5 years straight, you sort of get a bit grouchy)