Grantham Forecasts MAYHEM for Next Week...

Grantham Forecasts MAYHEM for Next Week...
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►In this video, Jeremy Grantham discusses that the current stock market is in a bubble, but it is unique compared to other historical bubbles. The market is currently in the highest 5% of price-to-earnings ratios while economic conditions are in the lowest 5% due to the impact of COVID and global central bank and fiscal spending. This has pushed stock prices higher and caused a disconnect between the real economy and the paper economy. Grantham believes that reality will eventually catch up with the high PEs, but it is difficult to predict when this will happen. Instead of trying to time the breaking of the bubble, he suggests looking for signs of "crazy behavior" such as the recent trend of special purpose acquisition companies (SPACs) as a sign of a speculative market.

► Special Thanks & Credit to:
Jeremy Grantham & GMO LLC
https://www.youtube.com/channel/UCHHi...
Capital Allocators with Ted Seides
https://www.youtube.com/channel/UCbzQ...

Disclaimer: This video is for educational and entertainment purposes only. I am not a financial adviser. Please do your own research and consult with a professional before making any investment decisions.