Yeah instead you just stay the course, expecting a different result each year from the exact same bullsh!t.
I've taken flack for this before from some users for being "insensitive", but I legitimately, sincerely believe that if you took an IQ you would score under 75.
I'm on record as saying that the stock market is undervalued. I would say it's 10% to 15% undervalued. It could run more. I would not be surprised to see 4,600 or higher by December of next year…
I'm on record as saying that the stock market is undervalued. I would say it's 10% to 15% undervalued. It could run more. I would not be surprised to see 4,600 or higher by December of next year…
“The latest Barron’s poll of Wall Street strategists, not one 2023 target implies a loss in the S&P 500 over the coming year. The average year-end-target for 2023 is over 4200, with both the median and average target implying a 2023 total return of over 10% for the index.
For our part, our most reliable valuation measures imply negative 10-12 year market returns and a likely market loss on the order of -60% from current levels over the completion of the present market cycle.”
Perhaps the second down year ever for Flagpole, and two in a row.
Morgan Stanley is leaning toward its bear-case forecast for US equities in 2023, of a 22% decline. Mike Wilson talks of an earnings recession that rivals 2008. "Don’t assume the market is pricing this kind of outcome until it actually happens.” https://t.co/3rwwOMUeGv
For our part, our most reliable valuation measures imply negative 10-12 year market returns and a likely market loss on the order of -60% from current levels over the completion of the present market cycle.
—John Hussman, December Market Commentary
Those are his most reliable? I can’t believe you idolize this clown. 🤣🤣🤣🤣🤣
For our part, our most reliable valuation measures imply negative 10-12 year market returns and a likely market loss on the order of -60% from current levels over the completion of the present market cycle.
—John Hussman, December Market Commentary
Those are his most reliable? I can’t believe you idolize this clown. 🤣🤣🤣🤣🤣
HSGFX Performance - Review the performance history of the Hussman Strategic Growth fund to see it's current status, yearly returns, and dividend history.
Meanwhile big currency moves on JCB widening YCC range driving US equity futures lower. Good thing I have SOXS, SPXS, TZA, TECS, and HSGFX. Even EMD and FAX may do well with a falling dollar. Not bad picks for a less than 75 IQ. Seriously good picks. 😹
I've been patiently waiting for the markets to revisit the lows from last month (11/3) when I sold a fair amount of tech etfs that I had owned for a considerable time at a break-even price, trying to avoid going into the red on them. Would like the opportunity to pick them back up since I believe that may likely be something of a bottom and have been regretting selling them. Need just a 4% drop from today's close. And it's getting close...
Thanks, Igly! Yes, those who bought in on Jan 3 have done well (so far). It’s been a good year for us! Of course the naysayers will point out that our 10 and 15 year rankings are in the 100th percentile (aka “rock bottom”), but most of the investors who bought back then have since bailed out and taken their significant losses with them.
And I’m sure the history nerds out there will point out that in the rare years that we did well, we always ended up back near the bottom in the following year. But that does not mean you should sell. After all, how often does the market repeat itself? Just keep hanging in there and paying those fees. Daddy appreciates it!
For 2022 Morgan predicted an "OK" year for equities. They did not predict the 20% loss that the S & P has endured this past year. So, if they are predicting a 22% decline next year in equities, it probably means the market will be booming.
The balance of corporate fundamentals against a less accommodative U.S. Federal Reserve could mean modest overall stock market returns, with opportunities for generating alpha.
For 2022 Morgan predicted an "OK" year for equities. They did not predict the 20% loss that the S & P has endured this past year. So, if they are predicting a 22% decline next year in equities, it probably means the market will be booming.
Flagpole's ridiculous claim was that he had beaten the market 32 out of 33 years - and 2022 would have made it 32 out of 34 years - not that he was up for the year.
Flagpole's ridiculous claim was that he had beaten the market 32 out of 33 years - and 2022 would have made it 32 out of 34 years - not that he was up for the year.
I think he said he beat the DJI Index in particular, which makes the feat slightly more attainable.