Hussman

 Hussman Funds

https://www.hussmanfunds.com/



What Triggered the Crash? 
A market crash requires nothing more than a shift in investor psychology from careless speculation to even modest risk-aversion. 
The important question to ask is “What drove the bubble?” That’s where the lessons are. 



With our most reliable valuation measures more extreme than both the 1929 and 2000 market peaks, we continue to believe that the stock market is tracing out the extended peak of the third great speculative bubble in U.S. history.
Hussman February 2025




Investors may be feeling some distress. What to do? Does one capitulate and chase the bubble at the highest valuations in history? 

Does one wring their hands at the prospect of a bubble that might only go higher and higher forever without end? 
Hussman May 2026
https://englundmacro.blogspot.com/2026/05/hussman-frantic-fear-of-missing-out.html


Artificial intelligence is advancing at a stunning, and perhaps uncontrolled speed. 

Last week, Evan Hubinger, the Alignment Science Lead at the AI company Anthropic estimated a greater than 10% chance that AI could eliminate humanity within a decade, adding “I believe Anthropic is trying its best, but we do not yet have a plan to solve alignment for superintelligence and are not clearly on track to.”

Can we teach artificial intelligence not simply to pursue objectives, but to look deeply enough to act with compassion, and even wisdom?

A seemingly unlikely but illuminating place to begin is with the teachings of Thích Nhất Hạnh, a Vietnamese Buddhist monk, teacher, and peace activist, known to his students simply as Thầy – perhaps best known for bringing the practice of mindfulness to millions of people around the world.
Hussman Special Commentary (Non-Financial): September 2026
https://www.hussmanfunds.com/comment/ai_alignment_260917/





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