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While being sometimes cited as permabear, his opinion on financial markets changed in the course of time.
I spent over 10 years battling the reputation of being a radical permabear.
Even entertaining the possibility of an outright economic contraction would not get you accused of being a crazed permabear these days.
""I think they wind up shooting themselves and their investors in the foot with the permabear mentality, but it persists.""
Then again, fund manager John Hussman who calls himself a reluctant permabear, says it's not only not a great rotation; it's actually time to get defensive:
Everyone's favorite permabear, Bob Janjuah, was interviewed by Bloomberg TV's Erik Schatzker.
Well, Saeed Baradar at SocGen is, although it’s probably fair to note he’s been in the permabear camp on BT for some time.
Permabear Nouriel Roubini capitulated two weeks ago by shelving his concerns of a pending financial disaster and declaring the equities bull market could last another two years.
Even some of the usual suspects have stopped growling, with David Rosenberg of Gluskin Sheff going so far as to dispute the idea that he's a permabear.
Roubini dismisses the idea that he is a "permabear" -- economist slang for someone who systematically projects downturns -- just as he dismissed skepticism about the dire predictions he made two years ago.