Societe Generale: the trend is still your friend

Societe Generale analysts are increasingly concerned. They say the trend - your friend, until he was replaced by another trend. The bank advised to exercise caution: this may have happened. The ongoing rollback of risky assets, possibly no more than another obstacle to the restoration of the world economy, which in the past few months we have seen a lot. However, the bank pay attention to the first since December last year, reducing the weekly index of the Institute of advanced studies of economic cycles (ECRI). Bank analysts are reminded that the false dawns and occurred during the "lost decade" of Japan, therefore, advised to closely monitor leading indicators.