Legendary investor Jeremy Grantham warns of a 'superbubble,' predicts stocks will ...

Legion said:
It got the DEMOCRATS into the White House for over a decade. :nodyes:
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In 1929, even the Paperboy was investing in Stocks.
Now, it's the same thing with these ETFs.
The 'Paperboy' (small time investors) can buy into the Stock Market for the price of One Share.
Kind of a scary coincidence.
 
Jack said:
In 1929, even the Paperboy was investing in Stocks. Now, it's the same thing with these ETFs. The 'Paperboy' (small time investors) can buy into the Stock Market for the price of One Share. Kind of a scary coincidence.
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As long as Biden gets the blame, it's all good.
 
BidenPresident said:
You'd have to be a fool to take advice from an investor.
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Well. He's just not any investor. Here's the latest:

"If Grantham’s warnings are well founded, the stock-market correction could mark the beginning of something much bigger and far more damaging. In his latest market commentary, which G.M.O. posted on its Web site on January 20th, Grantham wrote that the stock-market bubble he’d identified last January had turned into a “superbubble,” which also encompassed bonds, real estate, and, increasingly, commodities. “What is new this time, and only comparable to Japan in the 1980s, is the extraordinary danger of adding several bubbles together, as we see today with three and a half major asset classes bubbling simultaneously for the first time in history,” Grantham declared. “When pessimism returns to markets, we face the largest potential markdown of perceived wealth in U.S. history.” For stock valuations to revert to historical trends, the S. & P. 500 would have to fall all the way to twenty-five hundred, he argued, which would imply a further drop of more than forty per cent."
https://www.newyorker.com/news/our-...e-nasdaq-and-bitcoin-the-end-of-a-superbubble
 
Jack said:
Well. He's just not any investor. Here's the latest:

"If Grantham’s warnings are well founded, the stock-market correction could mark the beginning of something much bigger and far more damaging. In his latest market commentary, which G.M.O. posted on its Web site on January 20th, Grantham wrote that the stock-market bubble he’d identified last January had turned into a “superbubble,” which also encompassed bonds, real estate, and, increasingly, commodities. “What is new this time, and only comparable to Japan in the 1980s, is the extraordinary danger of adding several bubbles together, as we see today with three and a half major asset classes bubbling simultaneously for the first time in history,” Grantham declared. “When pessimism returns to markets, we face the largest potential markdown of perceived wealth in U.S. history.” For stock valuations to revert to historical trends, the S. & P. 500 would have to fall all the way to twenty-five hundred, he argued, which would imply a further drop of more than forty per cent."
https://www.newyorker.com/news/our-...e-nasdaq-and-bitcoin-the-end-of-a-superbubble
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He's an investor.
 
Gin Saké said:
Well, if all of the protections and safeguards we have added over the years can't protect us from Brandon... Fucking Eh.
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ETFs. And New Retail Investors. Inflation/Rising Commodity Prices. Super Low Interest Rate. Save the Planet/Fuck it. :(
 
Matt Dillon said:
Everything is up sky high right now.

Companies that have not brought product to market in 13 mos are high as they've ever been right now, I do not understand it.
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its simple, free money from Powell's pumping. and he continuing it till at least march so the bottom is put off a bit longer.
 
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