“As long as investors are comfortable with expected S&P 500 10-12 year total returns of less than 1% annually, with likely interim losses on the order of 50-60%, investors are free to label this situation as ‘fairly valued’ or with any other phrase they wish.”
Read more: https://www.hussmanfunds.com/wmc/wmc170306.htm
Related posts:
Serious Revolving Door Move (Hedge Fund Edition)
Oregon Supreme Court Allows Unticketed Drivers To Be Searched
Move to Puerto Rico and Pay Zero Capital Gains Tax
Bernanke Is Getting Killed in the Bond Market
House Republican Claims Reagan Stood Up To Chemical Weapons Use
Sen. Blumenthal Wants You To Know Train Safety Is Very Important
And the Winner of Bush’s Iraq War Is . . . Iran!
Bill Bonner: This Credit Event Could Crush the Stock Market
City Of Concord Confuses Concerned Residents With Domestic Terrorists
Was This $200 Vending Machine the World’s First Bitcoin ATM?
Kansas rejects marijuana advocacy group’s bid to adopt a highway
Ron Paul: Progress Toward Peace in 2013, But Dark Clouds Remain
Israel and Iran: A love story?
California collects, owns and sells infants' DNA samples
FBI Stops Publishing Data on America’s Ridiculous Marijuana Arrest Rates