I could not help imaging what will Ken Fisher and John Hussman
say to each other if they ever meet. The former is always optimistic towards the stock market and the later has a tendency to be skeptical towards things.
While Hussman has been calling the stock market “overvalued, overbought, overbullish”, and facing rising-yields condition environment. Fisher has been characteristically bullis. It is true that in long term, stock market goes up, so chances are he is more often to be right than wrong. As he wrote in his latest column
in Forbes.com, he founds his recent bullishness on the global economic growth, the low interest environment and presidential term cycle. And dear to the value investors ears, if you believe what he says:This should be a relatively easy year for stock pickers. There is an abundance of cheap stocks relative to interest rates, especially if you look beyond our borders. Continue Reading »