Do you think that the AI bubble will pop? Is entering the stock market dangerous right now?
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.
https://finance.yahoo.com/news/extreme-bubble-stocks-end-tears-234325086.html
7 Comments
tyfi@wirebase.org · 10 pts · 3y
This John Hussman, the guy that continually predicted a crash during the strongest bull run in stock market history?
2010: “Investors dangerously underestimate the risk of an abrupt and possibly severe equity market plunge.”
2011: “the expected return/risk profile of the stock market has shifted to hard-negative.”
2012: “The present menu of investment opportunities continues to be among the worst in history.”
2013: “stock returns prospectively are very low.”
2014: “What concerns us beyond valuations is the full ensemble of overvalued, overbought, overbullish conditions.”
2015: “Exit now.”
2016: “current extremes imply 40-55 percent market losses…. These are not worst-case scenarios, but run-of-the-mill expectations.” 2017: “the most broadly overvalued moment in market history.”
2018: “The music is fading out, and a trap-door has opened up in the floor, but they’re still dancing.”
2019: “a projected 50-65 percent market loss over the completion of this cycle is actually somewhat optimistic.”
Source: https://rpseawright.wordpress.com/2020/01/02/forecasting-follies-2020/
BetaSalmon@lemmy.world · 5 pts · 3y
Tenshi@lemmy.world · 1 pts · 2y
The literal broken clock
luk3th3dud3@feddit.de · 4 pts · 3y
Gotta keep your doom and gloom community happy
Janis@feddit.de · -4 pts · 3y
do you think s&p500 is regulated & transparent and you have similar knowledge as other gamblers like nancy pelosi?
i am sure it is a scam and the one who pays will be you.
abc@lemmus.org · 3 pts · 3y
Why do you believe S&P 500 is a scam?
Janis@feddit.de · -5 pts · 3y
well it is inflated. key decision makers in politics can trade....this is like turkey lite. so many reasons. https://www.marketwatch.com/story/eeek-why-i-dont-trust-sp-500-index-funds-especially-not-now-2020-08-10
i am sure it is a scam.