S&P 500 Projected Annual Nominal Total Returns

May 6, 2014

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The US stock market remains over owned, over leveraged and over valued. It is clear that most investors have not understood the enormous risk they are taking for inevitably poor long term returns. John Hussman provides a great service by producing clear charts showing highly likely outcomes.
http://www.hussmanfunds.com/wmc/wmc140505.htm

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