Recognizing the Valuation Bubble in Equities

An interesting, if technical, “open letter to the FOMC” from John Hussman of Hussman Funds. “The unfortunate situation is that while the required financial adjustment may or may not be as brutal for investors as in 2007-2009, or 2000-2002, or 1972-1974, when the stock market lost half of its value from similar or lesser extremes, Read more about Recognizing the Valuation Bubble in Equities[…]