The well-known investor who predicted the dot-com bubble in 2001 has revealed where the bottom will be in the current…
Stock markets have fallen by more than 23% this year, experiencing their worst decline since 2008, when panic broke out in the markets in connection with the collapse of Lehman Brothers. But this bear market is far from over, according to stock analyst John Hussman, who has made several successful crash predictions.
According to Hussman, president of the Hussman Investment Trust, who predicted the 2000 and 2008 crashes, the most reliable valuation measures for predicting future returns are still around the levels seen during the dot-com bubble more than two decades ago. This is problematic for investors for several reasons:
- First, interest rates are rising rapidly as inflation remains high and the Federal Reserve tightens monetary policy at the most aggressive pace since 1994. That means increased competition for risky assets like stocks - competition that hasn't been there in more than a decade. (Why invest in volatile stocks when you can get a…
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