Bloomberg News: Jeremy Grantham Warns 'Super Bubble' in Stocks Has Yet to Burst
Article by Claire Ballentine in Bloomberg News
Famed investor Jeremy Grantham said the “super bubble” he previously warned about has yet to pop, even after this year’s turbulence in the US stock market.
The co-founder of Boston asset manager GMO, known for calling market bubbles, said in a note Wednesday that the surge in US equities from mid-June to mid-August fits the pattern of bear market rallies common after an initial sharp decline — and before the ........
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