The Probability Of A Stock Market Crash Is Soaring | Zero Hedge

While some individual stocks (cough TWTR cough) may have reached irrational bubble territory, the US equity market is undergoing a seemingly ‘rational’ bubble. However, as John Hussman illustrates in the following chart, the probability of a stock market crash is growing extremely rapidly.Based on the this paper, Hussman simplifies the rational bubble as:You only hold one long one more period¬†[…]