Grantham and the Superbubble

This time last year, Grantham made an aggressive call that US stocks were in a true bubble that would soon burst. 

Grantham is more or less sticking to his guns. He thinks the bubble has only started to burst. His forecast is for a drop of between 17% and 20% in this calendar year. But...

What could possibly go wrong with his prediction?

No Recession

The Fed Pivot

John Authers Bloomberg 25 januari 2023

https://www.bloomberg.com/opinion/articles/2023-01-25/jeremy-grantham-and-bitcoin-want-you-to-cheer-up


Jeremy Grantham says ‘easiest leg’ of stock-market bubble burst is over.

S&P 500 could drop 17% in 2023 to test 3,200 level

MarketWatch 24 January 2023

https://www.marketwatch.com/story/jeremy-grantham-says-easiest-leg-of-stock-market-bubble-burst-over-heres-whats-next-11674584001?mod=home-page


U.S. market approaches end of ‘superbubble,’ says Jeremy Grantham

MarketWatch 20  January 2022

https://englundmacro.blogspot.com/2022/01/us-market-approaches-end-of-superbubble.html




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