John Hussman: US Stock Market is Overvalued, Overbought, Overbullish

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Continuing on our theme from yesterday that investor sentiment has reached an extreme level of jubilation, John Hussman writes that we’ve now reached the pantheon of “awful times to invest”: In recent weeks, the U.S. stock market has been characterized by an overvalued, overbought, overbullish, rising-yields syndrome that has historically been hostile to stocks. Last […]

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Nice scoop by the Daily Crux – Richard Russell’s comments about current dividend levels…or lack thereof! The second quarter of 2009 was a dismal one for corporate dividends. Standard & Poor’s recorded an all-time low of 233 dividend increases plus resumptions and extras. During the April through June period, the 7,000 publicly-owned companies that S&P […]

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