Credit Bubble Stocks

This is a great observation by Hussman: An annual volatility of 9% implies a daily volatilty of about 0.6%, which is like saying that a 2...

This week's essay : Sure, you can devalue those claims through inflation, but only if the debt is in the form of long-maturity bonds (...

How a bull market ends - the positive feedback loop that rewards dip buying breaks down. "In the case of 1987, the Dow Jones hit its...

Latest Hussman : " When one examines many market collapses in history, it is simply not the case that the bottom had to fall out of e...

From this week's Hussman , Don’t make the mistake of getting the relationship between monetary interventions and the risk-preferences ...

Latest : "Much of the investment world seems to view present conditions as a 'Goldilocks market' where economic growth is pos...

New Hussman : " The coming decade will be an underfunding disaster for corporate pension plans, endowments, and municipalities, most ...

Link "What creates a temptation to ignore risk here is that the S&P 500 has recently advanced despite these conditions. Recogniz...

"Though market momentum is typically slowing or flat, the occasional marginal new high can give the appearance of unrelenting strength...

I've posted several times before [ 1 , 2 , 3 , 4 ] about "Hussman's Ratio" of Margin Debt to Commercial and Industrial Loa...

Today "Fed easing is effective provided that risk-free cash is considered an inferior holding. Fed easing is useless if investors actu...

I've posted several times before [ 1 , 2 , 3 ] about "Hussman's Ratio" of Margin Debt to Commercial and Industrial Loans, ...

Yes : "[M]any investors realize that the most reliable valuation measures have never been higher except in the advance to the 2000 pe...

I've posted twice before [ 1 , 2 ] about "Hussman's Ratio" of Margin Debt to Commercial and Industrial Loans, after he poi...

It's hard to argue with this : "Last week, Investors Intelligence reported that bullish sentiment surged above 60%, coupled with ...

Yesterday's column , Meanwhile, almost as if to put a time-stamp on the euphoria of the equity markets, IPO investors placed a $6 bill...

Link Here's some of the variables he talks about: Shiller P/E of 25x. S&P 500 P/S Ratio of 1.67x is highest since 2000. M...

In December, I posted about Hussman's Ratio of Margin Debt to Commercial and Industrial Loans , which was then at an alarmingly high 26 ...

Hussman has published his 2013 annual report showing year end portfolio. Some highlights: 19% Consumer Discretionary sector (Even though ...

Market comment : "The primary beneficiary of QE has been equity prices, where valuations are strenuously elevated. QE essentially rob...