John Hussman: It Sounds Nuts, But Stocks Could Crash 50-70%
Listen now
Description
There's an old saying on Wall Street that "no one rings a bell at the market top" This is why so many surprised investors got so badly burned when the DotCom and 2008 stock bubbles burst. But those who noticed the extreme market conditions beforehand, whose analysis of history convinced them that defense was more prudent than fear of missing out, these few avoided most of the losses -- and some even gained mightily from those crashes, having been positioned wisely in advance. Today's guest is one of those who smartly navigated the past 2 great market corrections. He now thinks we stand at the precipice of a 3rd -- and he's ringing a bell for anyone who will listen. To hear why and what he advises we do about it, we have the great fortune to speak today with Dr John Hussman, founder of Hussman funds, economist, health scientist and philanthropist. He also plays a mean guitar. John gives interviews very rarely. So it's a true privilege for Thoughtful Money that he's willing to give us the next hour of his time. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com Follow John at https://www.hussmanfunds.com or on X/Twitter at @hussmanjp You can read John's recent Market Comment (and see all the charts) at https://www.hussmanfunds.com/comment/mc240623/ #marketcrash #stockbubble #investing --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
More Episodes
I find myself frequently repeating the advice that in today's highly bifurcated economy, it's critical to understand the difference between the mean and the median in order to get a true picture of what's going on. And the housing market is no different. On the mean, or average, level, US home...
Published 06/30/24
Today's stock market is like an iceberg, says portfolio manager Lance Roberts. We can see the surface, which looks fine. The Magnificent 7 stocks -- really now the Mag 5 -- are collectively growing market cap and profits, propping up the overall index. But if you look below the surface, at the...
Published 06/29/24