page-loading-spinner

John Hussman

by Adam Taggart

John Hussman is highly respected for his prodigious use of data and adherence to what it tells him about the state of the financial markets. His regular weekly market commentary is widely regarded as one of the best-researched, best-articulated publications available to money managers.

John's public appearances are rare, so we're especially grateful he made time to speak with us yesterday about the precarious state in which he sees global markets. Based on historical norms and averages, he calculates that the ZIRP and QE policies of the Fed and other world central banks have led to an overvaluation in the stock market where prices are 2 times higher than they should be.

John Hussman: The Stock Market Is Overvalued By 100%
by Adam Taggart

John Hussman is highly respected for his prodigious use of data and adherence to what it tells him about the state of the financial markets. His regular weekly market commentary is widely regarded as one of the best-researched, best-articulated publications available to money managers.

John's public appearances are rare, so we're especially grateful he made time to speak with us yesterday about the precarious state in which he sees global markets. Based on historical norms and averages, he calculates that the ZIRP and QE policies of the Fed and other world central banks have led to an overvaluation in the stock market where prices are 2 times higher than they should be.

by Adam Taggart

The second part of our interview with John Hussman is available here for Peak Prosperity's enrolled members.

If you've not yet listened to Part 1, click here to do so.

In Part 2 of the interview, John provides more specificity around his valuation methodology, and how he sees things playing out from here in the financial markets. 

To access Part 2 of this podcast, simply click the yellow button to enroll.

 

John Hussman Podcast – Part 2
PREVIEW by Adam Taggart

The second part of our interview with John Hussman is available here for Peak Prosperity's enrolled members.

If you've not yet listened to Part 1, click here to do so.

In Part 2 of the interview, John provides more specificity around his valuation methodology, and how he sees things playing out from here in the financial markets. 

To access Part 2 of this podcast, simply click the yellow button to enroll.

 

by Chris Martenson

Executive Summary

  • Why stocks may average 0% return (!) for the next decade
  • The depressing data in
    • Retail sales
    • Housing
    • Manufacturing
    • Consumer confidence
  • Why the time to short the market is looking near

If you have not yet read The Stock Market's Shaky Foundation, available free to all readers, please click here to read it first.

To be sure, there is one piece of fundamental information that has supported equity prices; and that’s corporate earnings.

Those have vaulted to new highs, despite the weak economic recovery, on the back of ultra-cheap borrowing (which reduces interest costs which are deducted from earnings), government deficit spending, and low household savings:

 src=

While the parabolic rise in corporate earnings is quite impressive, they are also historically unprecedented and certainly unsustainable. 

When we look at the same chart seen above but on a percent change yr/yr basis we see that they have been slowing down remarkably and aren't that far above the zero mark…

The Time For Shorting the Market Is Approaching
PREVIEW by Chris Martenson

Executive Summary

  • Why stocks may average 0% return (!) for the next decade
  • The depressing data in
    • Retail sales
    • Housing
    • Manufacturing
    • Consumer confidence
  • Why the time to short the market is looking near

If you have not yet read The Stock Market's Shaky Foundation, available free to all readers, please click here to read it first.

To be sure, there is one piece of fundamental information that has supported equity prices; and that’s corporate earnings.

Those have vaulted to new highs, despite the weak economic recovery, on the back of ultra-cheap borrowing (which reduces interest costs which are deducted from earnings), government deficit spending, and low household savings:

 src=

While the parabolic rise in corporate earnings is quite impressive, they are also historically unprecedented and certainly unsustainable. 

When we look at the same chart seen above but on a percent change yr/yr basis we see that they have been slowing down remarkably and aren't that far above the zero mark…

Total 10 items