Thursday, October 16, 2008

Hussman: The only thing we have to fear is the fearmongering of Wall Street itself

John Hussman says, "don't accept advice or analysis about this crisis from anyone who failed to anticipate it in the first place. The people warning about Depression now (or even talking about it casually on the financial channels) are the same reckless jackasses who told investors that stocks were cheap and “resilient” at the highs."