Yes indeed. Might sound crazy but I just don't think you'll ever see under 1900 again. In a couple weeks we'll be saying you'll never see 2000 again, then in a few months 2200. I'm 100% serious- this is a new paradigm where valuations are no longer relevant to market returns. The only way he can ever begin closing the gap is to go long with maximum leverage.
my oh my
For real? OK, for real I say 2017. I don't think there's any way they let it happen before the elections.
What a market, you couldn't write a better script than this. Never. Does anyone even remember the last 2 crashes? Probably just the people who got out at the bottom and are bitter.
That's right I'm saying at least 286 years until the next 10% correction. Deal with it, bears.
All well and good, but you do realize the company operates a pyramid scam, correct?
never going to hit even $7. Never. Just wait for the next market correction, if it ever happens the weak sauce like this will be cleaned out.
he's the worst I ever saw in the industry. Seems like an OK guy, maybe a bit disingenuous in his comments, but a terrible investor.
You know what else is making incredible highs? Price to sales ratio, Shiller p/e, Tobin's Q. All of them indicate S&P at 1150. Having said that there's no reason S&P can't go right up to one billion.
Current generations have seen one though. Nobody born today will ever see one. Ever! It will just be a figment of the history books, a nominal curiosity. Dow to one TrIlIoN by 2060!
Why didn't the Fed rig the markets years before? Why did they allow the crashes in 2000 and 2008? Was it simply to transfer wealth from the citizens at large to Wall Street?
So why can't Hussman? There is simply nowhere else to put your money. Period, end of story. This bubble will pop when (IF) interest rates spike big time. Otherwise forget about it. His fund will print 9.58 today.
losing big dinero, not enough fatties in the world for this dog to hunt
Sentiment: Strong Sell
It must be acceptable to someone! AUM are still much, much higher than I would have expected. Hey, he made 0.21% today! Sell sell sell before he gives it back!