'Obscenely overvalued': Stocks are far more fragile than most people realize — and one expert says traders are making the same mistake they did before the last 2 crashes

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Outspoken market bear John Hussman argues that overconfident investors are making the same error that's doomed them before past stock collapses.

Hussman argues that the ongoing equity rebound is just the latest in a storied history of head-fakes that have kept traders invested in the market prior to major downturns. And if investors keep buying into these rallies — which Hussman expects to keep occurring as long as they remain overly exuberant — he argues the market is increasingly setting itself up for disaster.

What's more, Hussman says the sharp rebound in stocks right now reminds him of the periods before the last two market crashes. , whose historically easy monetary conditions helped drag the US economy out of its worst modern recession. While their actions did have their intended effect, Hussman says they also created an unsustainable bubble of investor speculation.

He continued:"It purchased interest-bearing government securities, and paid for them by creating $4 trillion in zero-interest bank reserves, which someone had to hold at every point in time. The effort by each successive holder to get rid of that zero-interest money created a game of 'hot potato,' by which other securities were bid up until their long-term expected returns were also driven toward zero. And here we are.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 729. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

China stocks rally on stimulus hopes, Aussie dollar hit by weak GDP dataAsian stocks held their ground on Wednesday as Chinese equities soared on stimul... Too big to fail? China printing money again
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Harry Boxer’s stocks to watch include Canopy Growth, RokuFour stocks are catching momentum.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

European stocks seen lower amid trade uncertainty; ECB decision dueEuropean shares are poised to open lower Thursday taking cue from Asia and Wall Street.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Asia stocks tentative as Wall Street advance stalls, dollar firmAsian stocks clung to tight ranges on Wednesday, as investors awaited fresh dire... Here we gooooooooooo
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Stocks This Week: Buy Ametek And Short SymantecHere are one long and one short recommendations for this week.
แหล่ง: Forbes - 🏆 394. / 53 อ่านเพิ่มเติม »

Here’s why lessons learned from the 10-year bull market in stocks could hurt youHere's why lessons learned from the 10-year bull market in stocks could hurt you, says TheAroraReport:
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Oil prices dip as U.S. crude stocks swell amid record productionOil prices eased on Thursday, dragged down by record U.S. crude output and risin... Then why has the price of gasoline shot up 30 cents a gallon in a week? That’s not supply and demand. It’s more like price-fixing fraud. So you are saying it's all because of oversupply and has no slightest connection to global recession stepping on our heels and other numerous factors of wrongful regulatory desicions made practically every decade to cause the crisis?
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Shanghai stocks are set to jump another 10 percent in wake of Chinese stimulus: Credit SuisseChina's benchmark stock index could rise another 10 percent on the back of 'market positive' Chinese policy announcements, John Woods, chief investment officer for Asia Pacific at Credit Suisse, said Wednesday. How long can they keep providing stimulus to satisfy markets? Exact human nature that creates economic cycles. Ultimately downturn will come... Its inevitable Dear sir from 10:30 sbicap securities trading Window not working in chhattisgarh... Koi banda trad nhi le pata rha hai.. But not today.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Factors that have propelled Chinese stocks to nine-month highsChinese stocks have staged a robust rebound this year, unexpectedly recouping mu...
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Oil dips on U.S. stocks build, production outlookOil prices slipped on Wednesday as bullish output forecasts by two big U.S. prod...
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »