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John P. Hussman, Ph.D.
hussmanjp
This insanity is impressive. To be clear, even amid obscene valuations and negative prospective returns, I'd defer a bearish outlook if our gauge of market internals was constructive. That adaptation
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Epic bubble? What epic bubble?[Reminder: Saying that low interest rates "justify" extreme stock market valuations is like saying that poking your eye with a stick "justifies" smashing your thumb with
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THREAD: Extending the #SARSCoV2 (#COVID_19) updates I started on Feb 2nd (when U.S. had only 5 cases). Each thread has a final post linking to the next.Slow motion train wreck.Click
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2/ My reading of the Pfizer results is that protection emerges after about 10 days (which is about where one would expect people to be come seropositive) and flattens after
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To my pro-growth, free-enterprise, supply-side friends. It's time to recognize that 45's tax policy doesn't encourage productive capital (K), but instead creates a preference for financial capital (c) over economic
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