The Market Ticker - Hussman Rings A Bell
I always like the reading material this guy puts out.
The upshot is this. Measured from their highs of early-2018, we presently estimate that the completion of the current cycle will result in market losses on the order of -64% for the S&P 500 Index, -57% for the Nasdaq 100 Index, -68% for the Russell 2000 Index, and nearly -69% for the Dow Jones Industrial Average.
IMO he’s rather bullish against my expectations.
Why? Because Hussman is looking at this as a function of cyclicality, not secular changes. That is, in my opinion, a serious mistake because we are not far from the inevitability of a secular change in market…….
(Click link to read more)
Source: https://www.market-ticker.org/akcs-www?post=233919
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