Dear Reader, Is history repeating itself in the markets? John Hussman, the legendary analyst who called the dot-com bubble 20 years ago, believes so. “The Fed has become almost entirely reliant on a narrative that its actions ‘support’ the financial markets,” Hussman says. But that’s just a fairytale the Fed and investors alike have bought into… When people wake up to reality, as they eventually did in 2000-2002… and 2007-2009… “All h*ll will break loose,” Hussman warns. How will you fare this time around? The day is quickly approaching. It’s time to get ready. Regards, Keith Kaplan CEO, TradeSmith |
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