|Investors who are buying stocks today based upon traditional metrics and Fed pumping are setting themselves up for substantial losses in coming years. The Fed has created an equity bubble of historical proportions.
John Hussman explains exactly why this has happened in his latest commentary An Open Letter to the FOMC: Recognizing the Valuation Bubble In Equities. The Fed has made a horrendous mistake and has no easy way out at this point.
Investors who fail to heed the warning signs are doomed to suffer huge losses as the arrow of time moves to the right.
Monday, November 25, 2013
The 10-Year Nominal Return Expectation For Stocks Is Negative
Posted by Unknown at 06:59