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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