'The outcome will be catastrophic': A renowned stock bear says current market valuations rival that of the Great Depression — and warns a return to normalcy will be accompanied by a 66% crash

· John Hussman — the outspoken investor and former professor who's long predicted a market collapse — says that today's current market valuations rival that of the Great Depression and tech bubble.
· His skepticism in valuations is exacerbated by a negative measure of market internals and speculation. 
· He notes that...