'Wall Street has gone completely mad' — One market bear forecasts a decade of stock losses
Business Insider -

By multiple measures, US equity valuations are close to the highest on record.

Investor and former professor John Hussman doesn't think this is a sustainable situation, and forecasts that stocks will see negative returns over a 12-year period.

Hussman's perma-bearish views have seen mixed success in the past, and a good number of Wall Street strategists are bullish on US stocks through 2018.

As the equity bull market has climbed into rarefied air, investors have continuously come up with new...


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