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Jeremy Grantham’s World of Super Bubbles Has No Soft Landings

  • Market bottom could be late next year, warns GMO co-founder.

  • But great bear markets can contain wonderful rallies, he adds.
He doesn’t expect the market to find a bottom until late next year, and advises against expecting a soft landing for the economy:

 “None of the great psychological bubbles have ever had anything other than an ordinary recession or a savage recession.”

Bloomberg 11 March 2023

Prepare for an epic finale’: Jeremy Grantham warns ‘tragedy’ looms as ‘superbubble’ may burst

MarketWatch 31 August  2022 

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