‘Equity investors should be worried’: A renowned market bear who called the dot-com bubble warns recession signals are flashing red — threatening to catch investors off guard and sink stocks at least 30%

• Investor expectations are bullish, but a recession could still unfold, says Albert Edwards.
• GDP and manufacturing data signal a potential slowdown, the Societe Generale strategist says.
• However, various labor market indicators paint a conflicting picture of the US economy’s strength. 

There’s only one problem with the fact that the widely predicted 2023 recession never came to pass: it may still lie ahead.