In his latest market commentary, the investment manager Jeremy Grantham wrote that the stock-market bubble he’d identified last January had turned into a “superbubble.” How much can Grantham’s analysis be relied on?
Most investment managers tend to give their clients upbeat messages that play up opportunities to make money in the markets. Jeremy Grantham, the eighty-three-year-old co-founder of G.M.O., a Boston-based investment firm, does the opposite. “The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble,”, at the start of 2021.
If Grantham’s warnings are well founded, the stock-market correction could mark the beginning of something much bigger and far more damaging. In, 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.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This market-timing model has made stock investors more money than the 'Super Bowl Predictor'OPINION: The odds the stock market will rise this year are essentially the same regardless of who wins the Super Bowl, columnist MktwHulbert writes.
Read more »
Microstrategy CEO on Mainstream Bitcoin Adoption: 'I See Evidence of a Lot More Institutional Adoption' – Featured Bitcoin News“I see evidence of a lot more institutional adoption, greater adoption amongst macro and other hedge funds.” crypto cryptocurrency bitcoin $BTC
Read more »
Nasdaq, S&P end higher, oil tops $92 levelInvestors end another volatile week driven by the January jobs data and mixed technology earnings.
Read more »
Technical Analysis: Bitcoin Hits $40,000, as LEO Leads Friday Rally – Market Updates Bitcoin NewsBitcoin rallied above $40000 on Friday, however this was not the biggest mover in crypto markets to end the week.
Read more »
Canada’s truckers turn to Bitcoin as GoFundMe ceases $9 million in donationsFollowing the suspension of a GoFundMe fundraiser, collecting donations for Canadian truckers protesting against COVID-19 restrictions, a group of Canadians... Continue reading
Read more »
Bitcoin Reclaims $40,000
Read more »