We previously highlighted Didier Sornette’s excellent work trying to identify pre-crash conditions in financial markets and John Hussman’s chart below suggests we are indeed heading that way. His warning, however, “Don’t rely on further blow-off – but don’t be shocked – risk dominates… Hold Tight.“
Via @Hussmanjp
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/wPhU0HSFpzk/story01.htm Tyler Durden