They have to! We're going to 300 before 200! I won't be surprised if Obama issues an executive order that the stock market must close higher every day!
That's about as much of a panic as you'll see ever again. People must own stocks.
They cannot let this stand.
Yes that's also true. However, what is to be done other than go long? None of us can change what the Fed is doing.
Every time we get close to recession and/or stock market drop we'll get more QE. Doesn't take a genius to see that stocks can't drop again.
I gave it to you so long ago, it'll be $2.50 in a year, another 90% drop, puts will make people rich beyond their wildest dreams.
Are you going to keep warning us all the way up to SPY 300 or are you going to save the warnings for special occasions?
Thanks. Interesting to get a different perspective on him. FWIW, I do think he's "right" while at the same time wrong. He's right it's bad policy, he's right it's dangerous policy, he's right we're going to have yet another crash in the not too distant future. I just don't agree that anyone can nail the timing of it.
Does seem like a good guy overall. I think he'll eventually leave the industry as it is generally a cesspool and has changed so much as to be completely unpredicatble and irrational.
How do you know John Hussman? I would love to talk to him about why he is fighting the Fed. His stock picking ability is pretty good, so if he just stops fighting he can make back some losses.
Your fees? Why do you hold this fund if you feel this way? Serious question. I would never invest in one of his funds but I have friends and family that used to hold this turd before they saw the light.
Think this might have gotten buried in the other lengthy thread. You said the coming crash will produce gains that are 25-50 times the gains for longs since 2009. In other words it will product 75-150 times your initial investment. What specifically are you holding or planning to buy that will do that? Thanks.