Jeremy Grantham is among Wall Street’s most respected investors. The cofounder of Boston asset manager GMO is well known for having predicted Japan’s asset price bubble in the 1980s, the dot-com bubble of the late ’90s, and even the U.S. housing blowup that came before the 2008 financial crisis. Now the 83-year-old Wall Street veteran is arguing that despite the stock market’s struggles this year, the economy’s real downturn has yet to come. Grantham has been warning of a brewing “ Source link
Read More »One of Wall Street’s best bubble spotters says we’re still in the middle of a ‘superbubble’ that hasn’t popped yet
