Dr Nouriel Roubini, an economist nicknamed 'Dr Doom' and 'Permabear
' for his often pessimistic outlook, revealed a vision of a bright future driven by innovation and new technology.
I'm not a permabear
, but I am intrigued by John Hussman's new way of taking the stock market's temperature.
The market was only cheaper in February 2009, when Nouriel Roubini and the Brigade of Permabear
Gurus pronounced the next Black Death on Wall Street just before the index soared 80 per cent in the wildest bull market since the Thirties.
But there's also a small group of 'permabears
,' like Peter Schiff, John Mauldin, Marc Faber and many others.