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Hussman Sees Trouble Ahead

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Suffice it to say that the bubble starting in summer 2006 that took the Dow Industrials to a new high (then) of 11,700----then to 14,500 and now back to the (old) new high, was unwarranted.

Look for Dow under 10,000 fairly soon.

of 12:17PM August 26, 2008

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The Ticker

Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.

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