Name: The S&P 500 could plunge as much as 70% this cycle as markets hit a ‘motherlode’ of FOMO extremes, famed fund manager says
Uploaded: 2024-05-30T01:37:39-04:00
Duration: 5 min
Description: DNY59/Getty Images Legendary investor John Hussman says the latest stock rally is rooted in the extreme fear of missing out. FOMO factors have surged in markets, and stock prices could fall 50%-70% this cycle. His firm’s most reliable indicator now exceeds 1929 extremes. All-time highs in the stock market give the impression of a runaway […]

Tag: FOMO

The S&P 500 could plunge as much as 70% this cycle as markets hit a ‘motherlode’ of FOMO extremes, famed fund manager says

DNY59/Getty Images Legendary investor John Hussman says the latest stock rally is rooted in the extreme fear of missing out. FOMO factors have surged in markets, and stock prices could fall 50%-70% this cycle. His firm’s most reliable indicator now exceeds 1929 extremes. All-time highs in the stock market give the impression of a runaway […]

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