Credit Risk Spreading Beyond Financials
Read full commentary at the Hussman site
Hussman believes markets are trading under assumption that US has dodged a recession. He thinks this assumption is based on lagging indicators which do not provide a current picture. He remains concerned by market participants complacency as shown by the low volatility in the options market.

Last week I wrote about my ten favourite fund managers letters. Writing about those letters made me realise how reliant I have become on RSS feeds and email. One of my favorites from that list don’t offer an RSS or email option. Consequently a month can fly past before I remember to check the site.
Well no more I say! To ensure I read the invaluable Hussman Funds Weekly Market Comment and to provide it via RSS feed and hopefully via email, I will link John P Hussman’s weekly comments here.
This …