A long-time market bear who called the 2000 and 2008 crashes warns the S&P 500 could plummet 64%, bursting a historic bubble

MarketsInsider/Zahra Tayeb/7-25-2023

graphic image of a seated bear gazing quietly back at the viewer“John Hussman is doubling down on his dire outlook for US stocks, even after the market defied recession predictions to notch some impressive gains this year.”

USAGOLD note: Hussman is not impressed by the stock market rally thus far this year. “Yes, this is a bubble┬á in my view,” he says. “Yes, I believe it will end in tears.”

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