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Ho hum — a 65% market plunge would be ‘run of the mill,’ fund manager says

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While stocks staged a remarkable comeback from Monday’s deep decline, they still closed firmly in the red. A day later, and the sellers are back at it. Long-suffering market bears, like John Hussman, have to be savoring this kind of action. After all, when things turn south, Hussman’s fortunes turn north.

 

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Define 'crash'. As long as it was fast it could be recoverable,... a prolonged downtrend would be devastating. $SPX $SPY

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