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Grantham: Market In ‘Superbubble’ And Could Fall 50%

Grantham: Market In ‘Superbubble' And Could Fall 50%

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The U.S. is in a “superbubble”, similar to the stock markets in 1929 and 2000, and could fall as much as 50%, said Jeremy Grantham, the co-founder of Grantham, Mayo, & van Otterloo, which correctly predicted the popping of the dot.com bubble in 2000 and the Fiscal Crisis of 2008.

...read full article on Forbes

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