Hussman’s political views are aligned with many posters here, and were shared on X in the lead-up to the election. I have always found his market commentary thoughtful, and fundamentally in conflict with markets and Wall Street writers of the past decade. Here are his latest thoughts, not surprisingly, pointing out the historically high valuations. By the way, most value funds are at historically high PEs as managers case market performance. So fund names can be misnomers, depending in large part on market conditions. Hussman today:
Igy - NVDA is up 390,00% in the last 25 years. Did he address that? Has he ever addressed how wrong he has been about the market for the last 30 years? Please don't tell me you still listen to this guy.
Flagpole in addition to being an arrogant woke brainwashed liberal. Good to see posters like Flagpole taken down along with every swing state. This election exposed all the lies THEY believed, from 2020 Biden’s 81 million votes, to the sham of believing J6ers were bad people, the Trump lawfare, Russia Hoax, Blinken’s Hunter’s laptop Russian disinformation letter, the list is nearly endless. These guys were suckers, saps, stupid tools of the bureaucratic state.
1) I would not qualify as "woke." I do not support surgical or medical intervention for "gender care" for anyone under age 18. I do not support biological males participating in women's' or girls' sports. I have discussed that many times here, so you're wrong.
2) There is no evidence that Biden didn't get the votes he got, so provide that evidence, or it's no lie.
3) J6ers ARE bad people. Sorry, but they are. This election doesn't disprove that. They tried to overturn a fair election under the direction of Trump. Insane that he has been elected again. I hope our country can survive it.
4) No Trump lawfare. He has faced the law because he's a criminal. He is going to escape justice now at least from some of it, and that's a shame. The rules don't apply equally to everyone in this country, and that's wrong.
5) Russia hoax? Depends on what you consider part of the Russia issue. Trump Tower meeting was enough for me. Trump asking Russia to find Hillary's e-mails was enough for me.
6) Hunter's laptop? I could not care less. If there are crimes that ANYONE has committed, go after them.
7) The suckers will long be remembered as Trump supporters in this very dark time in our nation's history. An amoral and stupid man with so much power is a dangerous thing.
It will be at least 4 years now of chaos. I hope for our country that it ends there. Even if a MAAGA disciple is the next President (as long as he/she is ELECTED and not appointed by Trump), there aren't any current ones eligible (might be a problem if The Constitution is scrapped and Elon Musk can be President) who are as stupid as Trump, who are narcissists, who are completely amoral.
How does it feel to know you were so convinced (and condescending and rude) over things that were SO INCREDIBLY WRONG?
Hussman’s political views are aligned with many posters here, and were shared on X in the lead-up to the election. I have always found his market commentary thoughtful, and fundamentally in conflict with markets and Wall Street writers of the past decade. Here are his latest thoughts, not surprisingly, pointing out the historically high valuations. By the way, most value funds are at historically high PEs as managers case market performance. So fund names can be misnomers, depending in large part on market conditions. Hussman today:
Igy - NVDA is up 390,00% in the last 25 years. Did he address that? Has he ever addressed how wrong he has been about the market for the last 30 years? Please don't tell me you still listen to this guy.
“My October comment includes a discussion of what was legitimately "different" about this bubble, my own Achilles Heel, and the adaptations that reinforce the core elements that helped admirably navigate decades of prior cycles, bubbles, and collapses.”
Igy - NVDA is up 390,00% in the last 25 years. Did he address that? Has he ever addressed how wrong he has been about the market for the last 30 years? Please don't tell me you still listen to this guy.
“My October comment includes a discussion of what was legitimately "different" about this bubble, my own Achilles Heel, and the adaptations that reinforce the core elements that helped admirably navigate decades of prior cycles, bubbles, and collapses.”
Igy - NVDA is up 390,00% in the last 25 years. Did he address that? Has he ever addressed how wrong he has been about the market for the last 30 years? Please don't tell me you still listen to this guy.
“My October comment includes a discussion of what was legitimately "different" about this bubble, my own Achilles Heel, and the adaptations that reinforce the core elements that helped admirably navigate decades of prior cycles, bubbles, and collapses.”
John Hussman, X 11/7/2024
He continually talks about "bubbles" all the time while over the last 30 years the stock market has gone bezonkers.
“My October comment includes a discussion of what was legitimately "different" about this bubble, my own Achilles Heel, and the adaptations that reinforce the core elements that helped admirably navigate decades of prior cycles, bubbles, and collapses.”
John Hussman, X 11/7/2024
He continually talks about "bubbles" all the time while over the last 30 years the stock market has gone bezonkers.
He continually talks about "bubbles" all the time while over the last 30 years the stock market has gone bezonkers.
It's a 31 year bubble, just you wait and see..
Of course those are ignorant statements. As I pointed out is the past the 3/2000-10/2002 period took the S&P 500 -52%, and the 10/2007-3/2009 span the index went -59%. The NASDAQ Index was basically negative 3/2000-10/2016. At current valuations it is rather foolish to believe it can’t happen again, or to discount the Government largesse that has driven markets to these heights.
This post was edited 5 minutes after it was posted.
Of course those are ignorant statements. As I pointed out is the past the 3/2000-10/2002 period took the S&P 500 -52%, and the 10/2007-3/2009 span the index went -59%. The NASDAQ Index was basically negative 3/2000-10/2016.
Why do you always cherry pick 2,000? Just dishonest. And you are not even counting in the dividends which have contributed about 40% to the total retun over the last 100 years. You can do better Igy, you are not doing great now.
Of course those are ignorant statements. As I pointed out is the past the 3/2000-10/2002 period took the S&P 500 -52%, and the 10/2007-3/2009 span the index went -59%. The NASDAQ Index was basically negative 3/2000-10/2016. At current valuations it is rather foolish to believe it can’t happen again, or to discount the Government largesse that has driven markets to these heights.
Of course those are ignorant statements. As I pointed out is the past the 3/2000-10/2002 period took the S&P 500 -52%, and the 10/2007-3/2009 span the index went -59%. The NASDAQ Index was basically negative 3/2000-10/2016. At current valuations it is rather foolish to believe it can’t happen again, or to discount the Government largesse that has driven markets to these heights.
What has the S&P 500 done from 3/2000 to 11/2024?
You look at it the wrong way, in my opinion. Like an athlete at his or her peak, assuming tomorrow will be like today. Hey, if one is an employed 30 year old with $50,000 it likely doesn’t matter. Quite a different discussion for a 60 year old with five years to retirement.
This post was edited 53 seconds after it was posted.
You look at it the wrong way, in my opinion. Like an athlete at his or her peak, assuming tomorrow will be like today. Hey, if one is an employed 30 year old with $50,000 it likely doesn’t matter. Quite a different discussion for a 60 year old with five years to retirement.
You look at it the wrong way, in my opinion. Like an athlete at his or her peak, assuming tomorrow will be like today. Hey, if one is an employed 30 year old with $50,000 it likely doesn’t matter. Quite a different discussion for a 60 year old with five years to retirement.
Perhaps..
Many things in life are “perhaps.” Zillow has home prices in our area estimated up over the next year, yet more supply comes on the market daily, prices being slashed. I wouldn’t buy a house or the S&P 500, but I am 74, happy where I am at. Granted, rolling the dice occasionally thinking Hussman has a greater odds of being correct, or Grantham for that matter. Or Buffett, as “retired” pointed out.
This post was edited 56 seconds after it was posted.
Many things in life are “perhaps.” Zillow has home prices in our area estimated up over the next year, yet more supply comes on the market daily, prices being slashed. I wouldn’t buy a house or the S&P 500, but I am 74, happy where I am at. Granted, rolling the dice occasionally thinking Hussman has a greater odds of being correct, or Grantham for that matter. Or Buffett, as “retired” pointed out.
We actually just bought a house, so goodbye and good riddance to NoVa. From what I've seen Zillow consistently overvalues real estate by a fair amount.
Many things in life are “perhaps.” Zillow has home prices in our area estimated up over the next year, yet more supply comes on the market daily, prices being slashed. I wouldn’t buy a house or the S&P 500, but I am 74, happy where I am at. Granted, rolling the dice occasionally thinking Hussman has a greater odds of being correct, or Grantham for that matter. Or Buffett, as “retired” pointed out.
We actually just bought a house, so goodbye and good riddance to NoVa. From what I've seen Zillow consistently overvalues real estate by a fair amount.
Our daughter and son-in-law bought a house a week ago ignoring my advice. So there you go. i am sure their view contains some element of Igy is out of touch with the new era of finance and asset values.
What is NoVa?
This post was edited 40 seconds after it was posted.
We actually just bought a house, so goodbye and good riddance to NoVa. From what I've seen Zillow consistently overvalues real estate by a fair amount.
Our daughter and son-in-law bought a house a week ago ignoring my advice. So there you go. i am sure their view contains some element of Igy is out of touch with the new era of finance and asset values.
Chair Powell speaking now. Quarter point, as you probably know.
The Fed has done a remarkable job and I hope that they are allowed to continue to operate free of political agendas and meddling from certain factions.