He and I agree that the potential market outcomes are asymmetrically bearish, because the market has essentially been tricked by invalid indicators into excessive bullishness.
In the meantime, the market very well may keep heading higher (like it's been doing, more or less, for almost the last 3 years, and Hussman will underperform. Again.
Broken record.
ReplyDeleteIn the meantime, the market very well may keep heading higher (like it's been doing, more or less, for almost the last 3 years, and Hussman will underperform. Again.