The world’s biggest stock bear predicts ‘immediate and severe consequences’ for the record-setting market — and explains why $20 trillion will be wiped from stocks
|10/07/2018||Posted by BusinessMediaguide.Com under General World News||
- John Hussman — the outspoken investor and former professor who has been predicting a stock crash — says the Federal Reserve is largely to blame for a toxic situation in markets that’s headed for “immediate and severe consequences.”
- Hussman predicts that an imminent crash will wipe out $20 trillion of equity market value.
- The situation is particularly dangerous right now because historically stretched valuations are being coupled with weakening market internals, says Hussman.
Yes, the central bank’s historically easy monetary policy helped drag the US out of read more >>>