Crisis “Incubation Phase” – John Hussman Warns It’s Coming “Gradually, & Then Suddenly
Excerpted from John Hussman’s Market Comment, Key points 1) The May jobs “shocker” was largely a reflection of CARES coverage of corporate payrolls. 2) The gap between Wall Street and Main Street appears similar to the “incubation phase” of other major downturns. 3) Federal support remains essential, but is best targeted toward preserving the “circular flow” of the … Read more