A notorious market bear who called the 2000 and 2008 crashes warns we’re in the ’third great speculative bubble’ in the last 100 years — setting up the market for a decade of negative returns
John Hussman warns of negative S&P 500 returns over the next decade. Hussman’s analysis shows the market capitalization of nonfinancial stocks at all-time highs. Hussman’s called the 2000 and 2008 bubbles, but his fund’s performance has been poor. John Hussman probably isn’t someone you want to take investment strategy advice from. The president of the [...]
