Saturday, November 13, 2021

Why Grantham Says the Next Crash Will Rival 1929, 2000

Nov. 13, 2021

Here is the link. 

Jan.22 -- Jeremy Grantham, co-founder and chief investment strategist of Boston’s GMO, believes U.S. stocks have become an epic bubble and will burst in a collapse rivaling the crashes of 1929 and 2000. In this interview, he explains why, discusses the futility of Federal Reserve policy, criticizes the state of American capitalism, and shares his thoughts on gold, Bitcoin, emerging markets and climate change. He spoke exclusively to Erik Schatzker on Bloomberg’s “Front Row.”

25:26/ 38:25

"Bitcoin is 100% faith. Come the next market phase where faith is at a minimum, what do we think will happen to a stock whose entire reason for existence is faith and nothing but faith?"

Jeremy Grantham

GMO Co-Founder & Chief Investment Strategist 


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