While markets are not yet in bubble territory, Jeremy Grantham warns that they are getting closer. He does not believe that imminent interest rate hikes will halt the market's ascent.
{
Legendary investor Jeremy Grantham is warning that the world is headed to “bubbleland.” While markets across the globe aren’t in a bubble yet, they’re getting closer, said Mr. Grantham, the co-founder and chief investment strategist of Grantham Mayo van Otterloo. At the moment, he told attendees at a Morningstar conference in Chicago Wednesday, most stock markets in the world are overpriced — and the bond market is more overpriced that at any time in history.
unknownx500
More posts by Radboud Vlaar
Recent posts from Finch Capital
