Hussman is a one trick pony, like Stockman and Igy. For them it's always the doomsday scenario. And since the market routinely crashes, they will be correct at times. Most of the time they will be wrong.
We know that historically the market moves up over time. So anyone adhering to their philosophy is not going to do particularly well relatively speaking. Can you imagine if you had listened to them 6 years ago?
But these doomsdayers will continue to spout negativism until our next crash at which time they will pat each other on the back and tout their vision. Meanwhile those of us who stay invested most of the time will enjoy a good laugh at their expense.
As Igy is so fond of reminding us, it's not different this time.