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John Hussman: Predictions and Track Record

How accurate are John Hussman’s predictions?

As of Nov 13, 2026, of 41 counted market calls by John Hussman since 2022, 7 were right (17%). Grade: F.

Grade
F
Right
17%
Vs. always bullish
−37 points
Counted calls
41
Rank
19th of 20

How calls are graded

Track record

42 counted calls
202220232024202520264,0006,0008,000Jan 22, 2022: bearish, wrongJan 22, 2022: bearish, rightJan 25, 2022: bearish, wrongFeb 1, 2022: bearish, rightFeb 1, 2022: bearish, rightFeb 25, 2022: bearish, rightJun 4, 2022: bearish, wrongJun 14, 2022: bearish, wrongJun 23, 2022: bearish, wrongAug 18, 2022: bearish, rightDec 4, 2022: bearish, wrongApr 1, 2023: bearish, wrongMay 28, 2023: bearish, wrongJun 30, 2023: bearish, wrongJul 25, 2023: bearish, rightSep 8, 2023: bearish, wrongSep 14, 2023: bearish, wrongOct 17, 2023: bearish, wrongOct 17, 2023: bearish, wrongOct 23, 2023: bearish, wrongNov 3, 2023: bearish, wrongNov 6, 2023: bearish, wrongNov 6, 2023: bearish, wrongDec 17, 2023: bearish, wrongJan 14, 2024: bearish, wrongFeb 6, 2024: bearish, wrongFeb 26, 2024: bearish, wrongMay 7, 2024: bearish, wrongMay 8, 2024: bearish, wrongMay 30, 2024: bearish, wrongJun 14, 2024: bearish, wrongJun 17, 2024: bearish, wrongJun 24, 2024: bearish, wrongSep 21, 2024: bearish, wrongOct 26, 2024: bearish, wrongDec 16, 2024: bearish, wrongJan 11, 2025: bearish, rightNov 19, 2025: bearish, wrongJan 17, 2026: bearish, wrongFeb 21, 2026: bullish, wrongApr 27, 2026: bearish, wrongJul 16, 2026: bearish, open
S&P 500 daily close since January 2022, log scale, as of Nov 13, 2026. Triangle up: bullish; down: bearish. Filled: right; hollow: wrong; gray: not yet graded.

Latest predictions

5 most recent
  1. Bearish

    "My opinion remains that this bubble will go down in a ball of flames," he said. businessinsider.com

    Wrong Came due S&P 500 +3.3%

  2. Bullish

    Hussman said he expanded his investment parameters by reducing his downside hedges to allow for more upside potential, even during what he deems bubble periods, like… businessinsider.com

    Wrong Came due S&P 500 +7.8%

  3. Bearish

    His view: Even taking the sectoral deficit/surplus structure as durable, I expect we'll see market losses, both in the S&P 500 and in the technology sector, on the order… thehindubusinessline.com

    Wrong Came due S&P 500 +2.7%

  4. Bearish

    In the past, he warned that US stocks could be in their "third great speculative bubble" and suggested there could be as much as 70% downside for the S&P 500. businessinsider.com

    Wrong Came due S&P 500 +3.3%

  5. Bearish

    Right now, a few different variables show that investors should expect poor outcomes over the next 12 years if they were to invest in the S&P 500 today, Hussman said. businessinsider.com

    Wrong Came due S&P 500 +16.9%

  1. Bearish

    All in all, the signs point to an S&P 500 decline of as much as 75% in the coming years, Hussman wrote in a client note this week, a slightly more catastrophic view than… businessinsider.com

    Open Due S&P 500 +0.4% so far

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With score and S&P 500 move

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