Hussman's Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing Bubbles; Integrity vs. Respect
MishTalk
NOVEMBER 25, 2013
The market has been trending ever since March 2009. As it happens, we can relate the surfeit of corporate profits in recent years rather precisely to the extraordinary combined deficits of the household and government sectors during the same period. You have got to be in things that are trending, " says Hendry. And why should it?
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