Posted 3/22/2024, 5:01:00 PM
Legendary Investor Warns Stocks in Most Extreme Bubble in History Putting Market at Risk of Steep Correction
- Stocks look extremely overvalued, on par with 1929 before the crash and 2021 before the bear market
- Legendary investor John Hussman believes stocks are in the most extreme bubble in history
- Hussman warned the bubble puts the market at risk of a steep correction
- Valuation measures show extremes not seen since the 1929 peak before stocks plunged 89%
- Hussman cautions investors to have a defensive stance due to crash and panic risks