Thread: Hussman: 80% Chance of Big Market Crash

Hussman: 80% Chance of Big Market Crash

Friday, December 4, 2009 8:31 AM
By: Ellen Chang

The likelihood of a large market crash is 80%, said investor John Hussman, Bloomberg reported.

Additional amounts of debt not being repaid will cause the stock market to reverse itself, said fund manager Hussman.

Although the S&P 500 Index catapulted by 64 percent from March, the Federal Deposit Insurance Corp. reported 4.94 percent of loans and leases being overdue by the end of the third quarter, reaching an all-time high.

“There is still close to an 80 percent probability that a second market plunge and economic downturn will unfold during the coming year,â€

Oh yes. Big investors would just love it if the market crashed again so they could buy cheap stock and make beaucoup bucks. So now they are going to try to freak everyone out so they panic and sell. They make money during a crash because they have money to go in and buy all the cheap stock....which is what they did last March. It was dirt cheap and they made big bucks. Play it again Sam.