John Hussman’s presents a message no one wants to hear because nearly everyone is too busy believing for the third time in 17 years that “It’s different this time”.

Last week Hussman wrote about Valuations, Sufficient Statistics, and Breathtaking Risks. This week it’s more of the same with his post Behind the Potemkin Village.

The markets are so overvalued now that Hussman expects a 60% decline from here.

Continue reading “Three Massive Bubbles in 17 Years: When Will This One Bust? A 60% Decline Coming?”