Jeremy Grantham Warns US Stocks Are About to Be Crushed
The famed value investor says on this week’s Merryn Talks Money that a “major decline” is imminent. “The longer and the higher they climb, the worse it is.”
Jeremy Grantham
Photographer: Vanessa Leroy/BloombergIn this week’s episode of Merryn Talks Money, host Merryn Somerset Webb interviews GMO co-founder and notorious caller of market bubbles Jeremy Grantham. Grantham, who also serves as the firm’s long-term investment strategist, leans in to his more than five decades of investing experience to explain the current “super bubble” in the markets. He comments on when we’ll see a correction, the fate of the green transition and why he’s so concerned about population decline.
Here is a lightly edited transcript of the conversation. Listen in full below, learn more about the podcast here and subscribe on Apple and Spotify to stay on top of new episodes.