Posted 9/14/2023, 9:15:00 AM

Market forecaster who predicted 2000 and 2008 crashes warns investors to brace for potential recession

John Hussman, who predicted the 2000 and 2008 crashes, warns investors may want to "buckle up" ahead of a potential Q4 recession.
Hussman believes the time to prepare for a recession is right now, 2-4 months before it starts.
He has long warned stocks are overvalued and could plunge over 60% to reach fair value.
Hussman contrasts with the stock market's resilience so far in 2022 amid Fed rate hikes.
He criticizes the Fed's policies for economic imbalances that could spur a crisis.

businessinsider.com

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9/9/2023

Hussman Predicts Over a Decade of Poor Returns for S&P 500 Due to High Valuations, Sees Substantial Crash Ahead

John Hussman warns that stocks are overvalued and investors buying into the S&P 500 now are likely to experience abysmal returns for the next decade. He cites high valuations and poor investor sentiment as indications of a forthcoming steep sell-off, and predicts an annualized return of -4% over the next 12 years.