Famed investor sees the stock market ‘tragedy’ when ‘superbubble’ bursts. The stock market could retest its June low over the next few weeks on recession fears
via nypost: Despite a summer rally, the US stock market is still an unprecedented “superbubble” that will cause financial “tragedy” for investors when it bursts, according to famed investor Jeremy Grantham. Grantham, the co-founder of asset management firm GMO in …