Hussman: The Fast And The Furious (Market Corrections)

The next Federal Open Market Committee (FOMC) meeting starts tomorrow, and after the recent market turbulence investors will be waiting to find out if they’re going to get more QE or if asset prices finally have to stand on their own. John Hussman isn’t willing to guess what will happen in the next few days or weeks, but he warns investors not to get too complacent because previous market crashes have happened in fits and starts, not in a sudden vertical dive. “It’s important to remember that, as in 2000 and 2008, even when we identify market conditions as extremely…