The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned. Here are his 6 best quotes.
finance.yahoo.com
The asset-bubble expert and president of Hussman Investment Trust forecasts a frightening collapse in stocks, saying the current rally will "end in tears."
  • philluminati@lemmy.mlEnglish
    7·
    11 months ago

    The stock market is literally the only game in town. Bonds will retreat now inflation is reigned in so you can either make money on the stock market, or do nothing.

      • Onfire@lemmy.worldEnglish
        6·
        11 months ago

        Crypto has no value…it’s pure speculation and hype. Coming from someone who owns bitcoin, eth, and others.

        • I_Miss_Daniel@kbin.social
          1·
          11 months ago

          It had value for a time as an instant transfer system, but this prompted the banks to catch up with PayID, Osko etc. It still has a possible value the same as gold or any other verifiably scarce item does, as a medium of transfer. An energy inefficient one in some cases.