An Effective Method To Compare Risk Aversion To Speculation
The chart is historical and does not reflect a portfolio of investments. The chart below shows times when market internals were consistently unfavorable, similar to last year, and we preferred T-bills or hedged equity to unhedged market risk. During the crashes of 2000–2002 and 2007–2009, you'll notice the same pattern.
Source: Dr. JOHN HUSSMAN
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Disclaimer: These illustrations are not a solicitation to buy or sell any ETF. I am not an investment advisor/broker