John Hussman's research is invaluable to us. Here's his latest monthly newsletter titled 'The Folly of Ruling Out a Collapse.'
Hussman cuts to the chase... ignore this massive stock market bubble at your peril. We advise not to ignore the most significant asset bubble of the past 100 years, but we have been saying this for some time, Gratke Wealth, LLC.
"A remarkable feature of extended bull markets is that investors come to believe – even in the face of extreme valuations – that the world has changed in ways that make steep market losses and extended periods of poor returns impossible. Among all the bubbles in history, including the 1929 bubble, the late-1960’s Go-Go bubble, the early 1970’s Nifty-Fifty mania, the late-1990’s tech bubble, and the 2007 mortgage bubble that preceded the global financial crisis, none has so thoroughly nurtured the illusion that extended losses are impossible than the bubble we find ourselves in today." John P. Hussman Ph.D.