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.
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.
The asset-bubble expert and president of Hussman Investment Trust forecasts a frightening collapse in stocks, saying the current rally will "end in tears."
cross-posted from: https://lemmus.org/post/167976
Do you think that the AI bubble will pop? Is entering the stock market dangerous right now?
The AI bubble will pop just like the blockchain bubble.
However the best time to buy SPY was yesterday, the next best time is today.
The distinction between blockchain and AI lies in their respective applications.
While blockchain companies has been associated only with money laundering operations, it is important to note that AI has a much broader range (complete) of uses across various domains involving data.
I wonder how many other crashes he predicted besides those two. It's kinda like Michael Burry, that dude seems to predicting a collapse every week. My plan of "just keep buying and don't worry much about it" seems to be working, and if it crashes 64% then cool, stuff will be on sale when I'm buying.
nice, i will continue buying stocks every week.
Oh no, a financial analyst providing free advice, that seems useful. The sky is falling!