UPDATED OPINION, 1/12/2023: Calling a Superbubble: Front Row With Jeremy Grantham

Just a reminder my blog is free. I rarely report on topics outside the blog's purview, but in today's environment you will find the Jeremy Grantham story worthy. Finance is a popular and worrisome topic these days; expect a few more reports, but not too many!😉

Happy Labor Day, Bob Yoder

Jan 26, 2022 For almost a half-century, value-investing icon Jeremy Grantham has been calling market bubbles. Now, he says U.S. stocks are in a “superbubble,” only the fourth in history, and poised to collapse. In this interview, Grantham, co-founder of Boston’s GMO, goes further, explaining his bubble analysis and discussing what he sees as multiple threats to the economy and the planet, including persistent inflation and climate change. He spoke exclusively with Erik Schatzker on Bloomberg’s “Front Row.”

Entering the Superbubble's Final Act, August 31, 2022.

Food for thought, or action? "Insider News" 9/4/2022 Interviews with five Bears.

Notes:

• economic inequality
• capital gains tax preferred
• less fluid economic mobility than other developed countries
• climate change - need to live within means
• natural environment is poisoned, failing
• short Russell 2000, emerging markets are undervalued, positive on hedge funds / venture capital
• Superbubble: collapse in equities, bonds, and real estate. Four superbubbles (including Japan.)
• Grantham is a permabear, a value investor, a billionaire.

-- UPDATED OPINION: B. Yoder, 1/11/2023