'Beyond Every Historic Extreme': A Notorious Market Bear Reiterates His Call That the 'Overextended' S&P 500 Will Suffer a 70% Crash -- and Says Stocks Are Facing 12 Years of Negative Returns as They Get Trounced by Treasurys
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By William Edwards
December 6, 2020
John Hussman is once again sounding alarm bells, warning of a 65-70% market crash.
Hussman said in recent commentary that he believes the Federal Reserve's monetary policy is driving up valuations to unsustainable levels, and will lead the S&P 500 to return -3.6% over the next 12 years.
He predicted the total return of the S&P 500 will likely lag Treasurys for much of the 12-year period.
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