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What's interesting about Hussman these days is that he always claims that he started using a revised method for market timing since 2014. (Yes it somehow took h
by unknown_apostle 9y ago
What's interesting about Hussman these days is that he always claims that he started using a revised method for market timing since 2014. (Yes it somehow took him ~5 or 6 years to "revise his method", all the while his customers were paying. Must have been some spectacular calculations...)
Now we're 3 years into the new period, and he's still loosing money hand over fist. Not even breakeven due to being early and putting on costly hedges. But really loosing money.
I know how hard timing is. And I agree that we're in uncharted waters wrt to central banks buying bonds and the ridiculous complexity of modern finance.
But it's hard to imagine exactly who his customers are. Just staying in cash would have performed much better than going with Hussman.
http://stockcharts.com/h-sc/ui?s=hsgfx http://stockcharts.com/h-sc/ui?s=hsgfx