US EditionThe Bubble – Contains the Collapse – Contains the Resurgence
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The Bubble – Contains the Collapse – Contains the Resurgence
By John P. Hussman, Ph.D. – Hussman Funds When investors approach the financial markets, there’s a tendency to imagine that conditions can be judged as favorable or unfavorable based on one single measure or another. The fact is that market conditions at any moment in time are a composite of interdependent forces. For example, if the market is declining steeply, trend-following measures will be dismal and unfavorable, but at the same time, valua…
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