Down goes the Dow

Sally Vix wrote:

agip wrote:

Still waiting for that recession.

This tweet was 15 months ago.

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Henrik Zeberg
@HenrikZeberg
Few understands Business Cycles
Economy is NOT in Recession at this point. Clock has started and Recession will 100% come
But not yet!
We are in Q4 2006 - Q1 2007
Stock Market topped in Oct. 2007. Recession began Dec. 2007
Worst Recession since 1929 coming after Blow-Off Top

4:37 AM · Feb 12, 2023
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Where are all the Permabears? Their silence speaks volumes. They all should have a scarlet letter painted on their forehead. Most are just frauds.

Sally Vix wrote:

agip wrote:

Still waiting for that recession.

This tweet was 15 months ago.

Post
See new posts
Conversation
Henrik Zeberg
@HenrikZeberg
Few understands Business Cycles
Economy is NOT in Recession at this point. Clock has started and Recession will 100% come
But not yet!
We are in Q4 2006 - Q1 2007
Stock Market topped in Oct. 2007. Recession began Dec. 2007
Worst Recession since 1929 coming after Blow-Off Top

4:37 AM · Feb 12, 2023
·
359K
Views

Where are all the Permabears? Their silence speaks volumes. They all should have a scarlet letter painted on their forehead. Most are just frauds.

Sally Vix wrote:

Sally Vix wrote:

Where are all the Permabears? Their silence speaks volumes. They all should have a scarlet letter painted on their forehead. Most are just frauds.

Have you ever seen a Permabears analyst come out and say they were wrong? Of course not. They will just come out and make the same ridiculous doom and gloom prediction the next year.

agip wrote:

heh yes I have. One just threw in the towel this week

this week:

One of Wall Street's most prominent bearish analysts changing his tune.
Morgan Stanley's Michael Wilson, who previously predicted that the S and P 500 would be down 15% by December.
Now boosting his target from 4500 to 5400 that puts his forecast more in line with some of the most bullish Wall Street analysts.
As recently as last month, Wilson said he was staying away from making any big calls due to economic uncertainty.

Sally Vix wrote:

agip wrote:

Still waiting for that recession.

This tweet was 15 months ago.

Post
See new posts
Conversation
Henrik Zeberg
@HenrikZeberg
Few understands Business Cycles
Economy is NOT in Recession at this point. Clock has started and Recession will 100% come
But not yet!
We are in Q4 2006 - Q1 2007
Stock Market topped in Oct. 2007. Recession began Dec. 2007
Worst Recession since 1929 coming after Blow-Off Top

4:37 AM · Feb 12, 2023
·
359K
Views

Where are all the Permabears? Their silence speaks volumes. They all should have a scarlet letter painted on their forehead. Most are just frauds.

Ghost of Igloi wrote:

Sally Vix wrote:

Where are all the Permabears? Their silence speaks volumes. They all should have a scarlet letter painted on their forehead. Most are just frauds.

The Scarlet Letter A was worn over the heart by Hester Prynne. The significance was the evil the lurked in the soul of one Reverend Arthur Dimesdale. Like those that refuse the truth of John Hussman, evil lurks within.

Sally Vix wrote:

Ghost of Igloi wrote:

The Scarlet Letter A was worn over the heart by Hester Prynne. The significance was the evil the lurked in the soul of one Reverend Arthur Dimesdale. Like those that refuse the truth of John Hussman, evil lurks within.

What is the truth of John Hussman he been dead wrong for ,20 years. I consider him a clown.

Ghost of Igloi wrote:

Sally Vix wrote:

What is the truth of John Hussman he been dead wrong for ,20 years. I consider him a clown.

I am pretty sure he would consider your 10 year time horizon based on 100 year statistics, mocking valuations while relying on index funds, to be foolish.

Ghost of Igloi wrote:

Sally Vix wrote:

Where are all the Permabears? Their silence speaks volumes. They all should have a scarlet letter painted on their forehead. Most are just frauds.

The Scarlet Letter A was worn over the heart by Hester Prynne. The significance was the evil the lurked in the soul of one Reverend Arthur Dimesdale. Like those that refuse the truth of John Hussman, evil lurks within.

Sally Vix wrote:

Ghost of Igloi wrote:

I am pretty sure he would consider your 10 year time horizon based on 100 year statistics, mocking valuations while relying on index funds, to be foolish.

I would consider anyone buying his mockery of a fund with a 1.2% expense fee foolish. please tell me why anyone would buy that crappy fund.

Tell me here: __________

I will be chuckling.

seattle prattle wrote:

Hussman Strategic Growth, his signature fund, has lost 10.6% in the last year.

I suspect that people who buy it believe they are investing as a hedge and a sort of contrarian bet on safety and a return to more historical valuations.

Which raises the question, why on earth would they label this as a "growth" fund?
I get it - growth in a down market, but the name doesn't really capture that.

Their stated Objective: "Hussman Strategic Growth Fund seeks to achieve long-term capital appreciation, with added emphasis on the protection of capital during unfavorable market conditions."

Something like Strategic Investments would be more applicable to his selective strategy.

A fund for contrarians, that's what it is, and the usual definition of a "Growth" fund is the last thing one would think of lumping it into in terms of a category.

agip wrote:

Sally Vix wrote:

I would consider anyone buying his mockery of a fund with a 1.2% expense fee foolish. please tell me why anyone would buy that crappy fund.

Tell me here: __________

I will be chuckling.

it's a hedge sally. Something that will go up when everything else goes down. That does not buy the same things all the other funds buy. It zigs when others zag. Portfolio theory.