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Hussman Sees a Coming 63% Decline in S&P 500  ( Original )
AUG 15, 2017

ORIGINAL SOURCE: Broadening Internal Dispersion by John P. Hussman, Ph.D. of on 8/14/17

According to John Hussman a market decline in the S&P 500 of -63% would  be necessary to take the most historically reliable valuation measures that recognizes to the same standards that they have revisited or violated during the completion of nearly every market cycle in history.

Please read the rest here; Broadening Internal Dispersion