John Hussman: Risk/Reward Profile in Stocks Could Hardly Be More Negative

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John Hussman expresses deep concern about stocks at current valuation levels in his latest (excellent) piece.  Contrary to what’s reported in mainstream financial media, stocks are actually quite expensive by all historical standards he says. Present market risks involve a confluence of factors. First, valuations remain unusually rich. Though prospective returns are better than at […]

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