Economist John Hussman: Stocks to Plunge 25 Percent, US Recession Likely
February 06 — U.S. stocks will fall 25 percent and the country stands a good chance of slipping into a recession in 2012, says economist and fund manager John Hussman.
While manufacturing numbers are improving in the U.S. and stock prices are on the rise, too many analysts are focusing on backwards-looking data, numbers that reflect what happened and often pop up on headlines with greater clarity than leading indicators, which aim to suggest how things may unfold. Read more.
