These articles are written for three reasons and they're all bad - ego: to look like a smart guy amongst their peers views: to drive traffic to the article and its parent website/magazine etc.: and maybe sell some training or textbooks to scare the uneducated into churning their stocks and hopefully signing money over to managers.
As of 30 September 2019, Hussman's Strategic Growth fund had a 10-year average annual loss of -7.23%, compared to a 13.24% gain by its benchmark, the S&P 500. Well, if the market drops 72.3% Hussman can maybe break even for his long suffering investors.
From reading his article, he sounded like he had a system to predict and take care of down turns. However, I couldn't figure out what phase transition in finance is and what is market internal dispersion, especially coupled with market uniformity action? I would have never guessed.
and market continues to go even higher. Now ES is at 3297. Don't try to determine when it has topped or bottomed. Just focus on the chart. also learn to day trade. Then you don't bother about tops and bottoms.
Do you realize the S&P was at 2386 only 3 years ago, there abouts? Good lord. Nearly 1000 point rise in 3 years. Who woulda' thunk it.
Percentage-wise is what matters. That is 41% rise. Taking another 3 year period Mar'09 to Mar'12 SPX went from 666.79 to 1419.15 or well over 100% but that was during Obama's days and he ain't no great bitnisman like Dump .. so it don't count huh.
Well Obama crashed the market first /trump supporter But really, Obama said BUY STONKS in 2009. That dude knew what he was talking about.
My reply to bone was a bit of weird humor about the post number. It had nothing to do with politics, or market mechanics. It was just a funny between bone and I that I thought he would like. Forum friendships are weird.