Is the US Stock market too high?

 No, This Time is Different!

On October 14, 2013, two days before US Congress agreed to raise the debt ceiling, John Hussman wrote the following in his weekly newsletter, 


"[E]very market collapse ultimately comes as a surprise to investors, because something always convinces them that this time should have been different." 


For full article, please visit: http://www.hussman.net/wmc/wmc131014.htm

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