John Hussman: Indicators Point to Recession

By on July 1, 2010

John Hussman was on CNBC debating stock market valuations with Larry Kudlow and Michael Darda. Hussman began by forecasting a double dip recession based on the indicators he looks at. He also felt that indicators being touted by analysts to justify a continued bull market (good corporate profits, Fed model), have no correlation to future market performance, and are probably more indicative of a market top.

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