Hussman makes some good points in this article. A quick summary:

1) The dollar has further to drop and may very well collapse in order to attract more capital.

2) Asset prices (home values, equities, and dollar, and some bonds) will be hit in the future, not jobs or incomes.

3) More write-off are on the horizon for banks and other financial firms.

 

Submitted: Feb 4, 2008    Views: 161    Comments: 0    Likes: 1   


View Article: http://hussmanfunds.com/wmc/wmc080203.htm


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