Wall Street’s ‘Dr. Doom’ Sees Danger in the Markets and Economy : Barron's, March 13, 2021
By Randall W. Forsyth, Barron's
People of a certain age will recall an advertising campaign from decades past: “When E.F. Hutton talks, people listen.” That’s what they imagined on Madison Avenue, but on Wall Street in the 1970s and 1980s, everyone hung on what Henry Kaufman had to say about the economy and interest rates.
Never more was that the case than nearly four decades ago, whe…