There's a world outside every darkened door
Where blues won't haunt you anymore
Where the brave are free and lovers soar
Come ride with me to the distant shore
--Tom Cochrane
Nice one from Dr J this morning:
"In order to establish valuations consistent with prior secular bull market starting points, "S&P 500" would not just be an index - it would be an upside target."
Indeed.
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Hussman has exhibited tendencies to outperform during broad market weakness.
Hussman Strategic Growth Fund, the only Hussman fund with 10 year track record, has earned 2.58% annually vs 5.00% for the S&P500, but with about half the standard deviation (7.5 vs 16).
~source: Morningstar
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