“This Whole Mania Will End Tragically” – Impermanence & Full-Cycle Thinking
from John Hussman’s Weekly Market Comment,
ZeroHedge.com
Aug 1, 2016
“This whole speculative mania will end tragically. How did we not learn this from 2000-2002, or 2007-2009, or the collapse of every other mania in history? My sense is that it’s a mistake to assume that yield-seeking hasn’t been fully exhausted across every class of securities…For those who insist that there is always a bull market somewhere, I would suggest that the most likely bull market to emerge here will be in bear market assets.”
The Rest…HERE