Hussman Funds - Weekly Market Comment: Baked in the Cake - July 29, 2013

Hussman Funds - Weekly Market Comment: Baked in the Cake - July 29, 2013

“The danger of mispricing risk is that there is no way out without investors taking losses. And the longer the process continues, the bigger those losses could be. That's why the Fed should start tapering this summer before financial market distortions become even more damaging.”
- Martin Feldstein, President emeritus, National Bureau of Economic Research, July 1, 2013