Several market experts predict stocks will falter and a recession will strike.David Karp/AP The S&P 500 is trading near all-time highs as markets have shrugged off economic fears. Some top investors and economists are still warning stocks will drop and a recession will strike. Here’s what Jeremy Grantham, David Rosenberg, Jeffrey Gundlach, and Gary Shilling […]
Jeremy Grantham.Boston Globe/Getty Images US stocks are heavily overvalued, a recession is coming, and AI is overhyped, Jeremy Grantham said. Stocks would have plunged another 20% or 30% in 2023 if not for the AI craze, the investor said. Grantham said he’s worried about foreign wars, especially when asset prices are at record highs. Stocks […]
Jeremy Grantham.Boston Globe/Getty Images Jeremy Grantham warned a “superbubble” in asset prices would likely end in a painful recession. The veteran investor discussed housing affordability and income inequality in a recent interview. Grantham also touched on Elon Musk, the Fed, his own net worth, and the meme-stock mania of 2021. Jeremy Grantham rang the alarm […]