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☆ A notorious market bear who called the 2000 and 2008 crashes warns stocks are in their 'third great speculative bubble' in the last 100 years
▼ + stars: | 2024-09-28 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

AdvertisementJohn Hussman, the president of the Hussman Investment Trust who called the 2000 and 2008 market crashes, isn't shy about his characterization of the current market environment. The first piece of evidence Hussman cites is valuation, specifically the total market cap of non-financial stocks to total value added of those stocks. He predicted in 2000 that the S&P 500 would likely see negative total returns over the following decade, which it did. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 32% over the past year.

Persons: John Hussman, —, It's, Mike Wilson, Michael Kantrowitz, Lance Armstrong, Hussman, Armstrong, David Walsh Organizations: Service, Hussman Investment Trust, Tour de France, Hussman, Intelligence, Labor Locations: Irish

☆ Australia MONA: Why Picasso pieces are on display in a ladies’ restroom inside a museum
▼ + stars: | 2024-06-25 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +3 min

“While the Ladies Lounge undergoes a series of reforms to meet the exemptions required for reopening, I’ve been doing a little redecorating. “Some Cubism in the cubicles.”The Picasso works were moved into a fully functioning restroom for women. ‘Ladies Lounge’ closed“We never had female toilets at Mona before, they were all unisex. But then the Ladies Lounge had to close thanks to a lawsuit brought on by a man. Jason Lau, a visitor from New South Wales was barred from entering the “Ladies Lounge” exhibit on April 1 in 2023.

Persons: Picasso, Pablo Picasso, Kirsha Kaechele’s, –, ”, MONA, Kaechele, I’ve, Australia Kaechele, Charlotte Vignau, “, David Walsh, Jason Lau, Lau Organizations: CNN, Tasmania’s Museum of, Tasmanian Civil, Museum of Locations: Australia, ”, Hobart, Tasmania, Mona, New South Wales, state’s

THIS IMAGE MAY OFFEND OR DISTURB Swimmers wade into the chilly Derwent River, in Hobart, Australia, June 22 2023. A 2017 show by Austrian artist Hermann Nitsch featuring an animal carcass and rivers of blood outraged animal rights groups. In an Australian exclusive, famed Austrian choreographer Florentina Holzinger retold Dante’s “Divine Comedy” in a two-hour all-female performance of sex and blood. In one scene, 20 nude dancers wet with paint and human blood writhed slowly across a blank canvas, painting with their bodies. Founded on the fortune of professional gambler David Walsh, Australia's largest private museum is dedicated to themes of sex and death.

Persons: Helen Golding, Hermann Nitsch, Florentina Holzinger, Dante’s, Ryoji Ikeda, David Walsh, Lewis Jackson, Lincoln Organizations: REUTERS, Police, city’s Museum of, Thomson Locations: Hobart , Australia, Handout, REUTERS HOBART, Australia, Hobart, Tasmania, Sri Lanka, Sydney, Austrian, Australia's

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