Quotable
I can only describe our investment stance here as �uncomfortably defensive. That is, the measures that have guided the performance of the Strategic Growth Fund over time are still holding to a defensive stance, which is admittedly uncomfortable with the market pressing strenuous but persistent overbought levels. It’s a lot like watching people scale across a tenuously secured rope bridge and get a nice meal at the center. You’d like to climb across and join them, but you know that too many things aren’t right with the bridge, and it’s not clear that the people who are eating will ultimately survive.
John Hussman – Hussman Funds
Last 5 posts by MacroMan
- Thiel: Still heading toward deflationary endgame - August 4th, 2010
- Around the markets in 6 charts or less - May 6th, 2010
- Quotable - May 5th, 2010
- Quoteable - April 29th, 2010
- Pimco Warns of Deflation Risk as Central Banks to Cool Stimulus - April 21st, 2010
July 28, 2009 11:46 am No Comments
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