One of the co-founders of asset manager Grantham, Mayo, Van Otterloo & Co. (GMO) has made a dire warning to investors, predicting that the stock market is currently in the midst of an unsustainable bubble that may leave many investors caught with their pants down. In an interview with Bloomberg, Jeremy Grantham, GMO’s chief investment strategist…
Jeremy Grantham Warns ‘Super Bubble’ in Stock Market Has Yet to Burst
Famed Investor Jeremy Grantham Warns S&P 500 Could Drop Another 26 Percent by 2023
September 12, 2022
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Veteran investor co-founder of Boston asset manager GMO, Jeremy Grantham, predicted that the S&P 500 could plummet by another 26 percent by 2023, while speaking at the Reuters Global Markets Forum on Sept. 8. His comments following months of turbulence on Wall Street this year amid a series of challenges and signs that the United States…
Markets to Fall Further as Econ Fundamentals Worse Than 2007, Says GMO’s Grantham
Financial markets should brace for further pain, with global economic health at its most precarious level in years, due to stubborn inflation, hawkish central banks, and geopolitical tensions, veteran investor Jeremy Grantham said late Wednesday. “This is a more dangerous looking moment in global economics than even the madness of the housing bubble of 2007,”…
Grantham: Stocks Could Fall 45% This Year; Intel to Build $20B Chip Plant in Ohio | NTD Business
In a historic investment in American semiconductor manufacturing, Intel will spend $20 billion to build what could become the world’s largest chip plant in Ohio. Billionaire Mark Cuban wants to sell you cheap drugs—far cheaper than their retail alternatives. We take a look at his new online pharmacy. One of America’s top investment managers is…
Stocks Could Fall 45% This Year: Grantham; Intel to Build $20B Chip Plant in Ohio | NTD Business
In a historic investment in American semiconductor manufacturing, Intel will spend $20 billion to build what could become the world’s largest chip plant in Ohio. Billionaire Mark Cuban wants to sell you cheap drugs—far cheaper than their retail alternatives. We take a look at his new online pharmacy. One of America’s top investment managers is…
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