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Sunday, March 19, 2017 4:54:29 PM
By John P. Hussman, Ph.D. | March 20, 2017
. . . There will certainly be shorter-term fluctuations in the labor market, but investors shouldn’t be terribly surprised to see overall job growth of zero over the next 4 years. As I’ve previously observed, I’m appalled at what passes for governance here, and my impression is that 45 introduces downside risk to the economic outlook, on balance. Given present extremes, buckle up and maintain your discipline, whatever that discipline may be. I expect that the next few years will be a rough road for passive investors. For those with more flexibility, remember that opportunities tend to emerge out of chaos.
http://hussmanfunds.com/wmc/wmc170320.htm
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