It's A Bear Market FOMO Bubble In Early Stage Of Collapse, Warns Hedge Fund Manager Who Foresaw 2008 Crisis
Portfolio Pulse from Piero Cingari
Hedge fund manager John P. Hussman warns of a bear market rally driven by fear of missing out on a bubble that is in the early stage of collapse. He notes that historically reliable valuation measures are at or above their 1929 and 2000 extremes, and that periods of extreme market valuations have often preceded significant market downturns.
June 27, 2023 | 12:58 pm
News sentiment analysis
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NEGATIVE IMPACT
Apple's forward P/E ratio is at 28x, indicating high valuation and potential risk for investors.
John P. Hussman's warning of a bear market rally and bubble collapse, combined with Apple's high forward P/E ratio, suggests potential risk for investors in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Amazon's forward P/E ratio is at 72x, indicating high valuation and potential risk for investors.
John P. Hussman's warning of a bear market rally and bubble collapse, combined with Amazon's high forward P/E ratio, suggests potential risk for investors in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Alphabet's forward P/E ratio is at 22x, indicating high valuation and potential risk for investors.
John P. Hussman's warning of a bear market rally and bubble collapse, combined with Alphabet's high forward P/E ratio, suggests potential risk for investors in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Alphabet's forward P/E ratio is at 22x, indicating high valuation and potential risk for investors.
John P. Hussman's warning of a bear market rally and bubble collapse, combined with Alphabet's high forward P/E ratio, suggests potential risk for investors in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Meta Platforms' forward P/E ratio is at 23x, indicating high valuation and potential risk for investors.
John P. Hussman's warning of a bear market rally and bubble collapse, combined with Meta Platforms' high forward P/E ratio, suggests potential risk for investors in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Microsoft's forward P/E ratio is at 30x, indicating high valuation and potential risk for investors.
John P. Hussman's warning of a bear market rally and bubble collapse, combined with Microsoft's high forward P/E ratio, suggests potential risk for investors in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
NVIDIA's forward P/E ratio is at 54x, indicating high valuation and potential risk for investors.
John P. Hussman's warning of a bear market rally and bubble collapse, combined with NVIDIA's high forward P/E ratio, suggests potential risk for investors in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Tesla's forward P/E ratio is at 69x, indicating high valuation and potential risk for investors.
John P. Hussman's warning of a bear market rally and bubble collapse, combined with Tesla's high forward P/E ratio, suggests potential risk for investors in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80