Dr. John Hussman’s research is invaluable to us. Here’s his latest monthly newsletter titled 'The Folly of Ruling Out a Collapse'.
Welcome to Gratke Wealth, LLC eNewletters, where we focus on how to invest during the biggest financial asset bubble of the past one hundred years.
Note the chart below, value of U.S. Stock Market relative to U.S. GDP output. Hopefully, this graph leaves no doubt in the reader's mind about the biggest financial bubble in the past one hundred years.
"QE* was designed to punish responsible financial behavior."
* QE= Quantitative Easing, where central banks inject/print new money into the economy via low interest rates which distorts asset prices.