John Hussman: The Most Broadly Overvalued Moment in Market History

“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

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