Grantham Says Sell U.S. Stocks to Avoid Unprecedented Bubble
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Jeremy Grantham said the U.S. stock market is in a bubble and investing in it is “simply playing with fire.”
“I have been completely amazed,” the veteran bearish investor said in an interview Wednesday on CNBC. “It is a rally without precedent -- the fastest in this time ever and the only one in the history books that takes place against a background of undeniable economic problems.”