John Hussman’s Latest Newsletter: S&P is 40% Overvalued

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Some bulls are claiming the S&P is now cheap by historical standards (ironically after a record rally in stocks that made them more expensive!) Their shouts of bullish fundamentals are erroneous, according to acclaimed fund manager John Hussman.  In his latest market commentary, Hussman writes: On a valuation basis, the S&P 500 remains about 40% […]

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