The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned.
The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned.
The asset-bubble expert and president of Hussman Investment Trust forecasts a frightening collapse in stocks, saying the current rally will "end in tears."
cross-posted from: https://lemmus.org/post/167976
Do you think that the AI bubble will pop? Is entering the stock market dangerous right now?
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The stock market is literally the only game in town. Bonds will retreat now inflation is reigned in so you can either make money on the stock market, or do nothing.
What about crypto?
Crypto has no value...it's pure speculation and hype. Coming from someone who owns bitcoin, eth, and others.
It had value for a time as an instant transfer system, but this prompted the banks to catch up with PayID, Osko etc. It still has a possible value the same as gold or any other verifiably scarce item does, as a medium of transfer. An energy inefficient one in some cases.