Valuation-based models (like John Hussman's work) are predicting flat to negative annual returns for the next 12 years based on current market valuations, independent of any fourth turning or macro cycle concerns.

factualpending

Speaker

Adam Tagert

Evidence Quote

John Husman publishes these all the time... still predicting um at best a flat, if not a negative annual return for the next 12 years

Source

Grant Williams: Massive Once-In-A-Century Change Is Underway. Don't Be Blind To It!Adam Taggart | Thoughtful Money®
Created: 8/11/2026, 7:43:08 AM

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