Jeremy Grantham Warns U.S. Stocks Could Plunge 70% in the Most Expensive Market in History
16 Articles
16 Articles
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der Standard DEThe 87-year-old investor predicted the dotcom bubble and the financial crisis. Now he warns against a historical AI euphoria on the markets
STOCK MARKET: Jeremy Grantham says this is the most expensive market in ‘American history’
Veteran investor Jeremy Grantham thinks the artificial intelligence boom has pushed the U.S. stock market to its most expensive level ever and could eventually lead to a historic decline. “Based on the value of the stock market compared to GDP, with modifications, this is the most expensive market in American history,” Grantham told CNBC’s “Squawk Box.” While the GMO co-founder said he wasn’t sure there was a comparable period, the tech bubble o…
Jeremy Grantham Warns U.S. Stocks Could Plunge 70% in the Most Expensive Market in History
Jeremy Grantham, the co-founder and long-term investment strategist at GMO Asset Management, returned to CNBC Squawk Box with one of the bleakest market calls of his career. Grantham, who says GMO manages roughly $85 billion, called this “the most expensive market in American history” and warned that a reversion to trend would be closer to ... Jeremy Grantham Warns U.S. Stocks Could Plunge 70% in the Most Expensive Market in History
Billionaire investor Jeremy Grantham: This is the most expensive market in American history
Jeremy Grantham, GMO co-founder and long-term investment strategist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, we're in a bubble and how to know when it will burst, state of the AI boom, SpaceX IPO, and more.
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