Jan 22nd, 2021
Grantham Sees Bubble Signal in Huge Penny-Stock Volumes
Jeremy Grantham, co-founder and chief investment strategist of Boston’s GMO, points to the trillions of shares traded in penny stocks as the kind of “crazy behavior” indicative of a bubble top in the equity market. He also discusses investors’ misplaced faith in monetary stimulus. Grantham spoke exclusively to Erik Schatzker on Bloomberg’s “Front Row.” (Source: Bloomberg)



