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Friday, January 21, 2022

“Checklist for a super bubble running through its phases is now complete and the wild rumpus can begin at any time” says #GMO’s Jeremy Grantham

Jeremy Grantham Doubles Down on Crash Call, Says Selloff Has Started 

Calculates losses in U.S. alone may reach $35 trillion!

"Checklist for a super bubble running through its phases is now complete and the wild rumpus can begin at any time," Grantham, 83, writes in his note. "When pessimism returns to markets, we face the largest potential markdown of perceived wealth in U.S. history."