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. Here are his 6 best quotes.

linkbot@lemmy.link · 2 years ago

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. Here are his 6 best quotes.

protist@mander.xyz · edit-2 2 years ago

2022: https://markets.businessinsider.com/news/stocks/stock-market-outlook-bear-john-hussman-sees-crash-best-quotes-2022-1?amp

2018: https://www.investopedia.com/news/market-bear-hussman-says-stocks-could-lose-20-trillion/

2017: https://www.businessinsider.com/stock-market-news-market-bear-sees-decade-of-stock-losses-wall-street-mad-2017-11

2016: https://www.businessinsider.com/risk-of-a-stock-market-crash-2016-2

2014: https://www.businessinsider.com/hussman-the-stock-market-is-crashing-2014-10

2013: https://www.businessinsider.com/hussman-the-stock-market-will-probably-crash-2013-8

Oh and here’s his fund’s performance over time (spoiler - he’s lost a shit ton of money for investors since inception and has a very high expense ratio)

Why does anybody pay attention to this guy? Him “calling” the 2000 and 2008 crashes is literally a stopped clock being right twice a day

holycrap@lemm.ee · 2 years ago

So he basically this guy

screenshot ofa video game chat where a player tells everyone to rush a then whispers to their team to go b