John Hussman: Stock valuations are ‘wicked’ if you normalize for profit margins

He’s also unimpressed by housing data and finds a curious pattern in economic releases.

What does the financial crisis sound like?

Setting the financial crisis to music – from the FT’s Frederick Studeman and Julian Anderson, composer in residence at the London Philharmonic […]

Apple has a massive cash hoard. What should it do with it?

Confidence is so high and fear so low that investors may have become too complacent and susceptible to unforeseen market shocks.