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 …

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END OF MARKET SUPERBUBBLE?

‘Good luck! We’ll all need it’: U.S. market approaches end of ‘superbubble,’ says Jeremy Grantham The U.S. is approaching the end of a “superbubble” spanning across stocks, bonds, real estate and commodities following massive stimulus during the COVID pandemic, potentially …

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