John Hussman: Recent Stock Rally Not Real
October 17 — Economist and fund manager John Hussman says the recent market rally won't last. "From my perspective, Wall Street's 'relief' about the economy, and its willingness to set aside recession concerns, is a mistake born of confusion between leading indicators and lagging ones," Hussman writes in a note to investors.
"Leading evidence is not only clear, but on a statistical basis is essentially certain that the U.S. economy, and indeed, the global economy, faces an oncoming recession." Read more.
