Money and Finance
- Links
GMO founder Grantham says markets ‘ripe for major decline’ in 2016 (LINK) A well-known fund manager who foresaw the Japanese crash, the dotcom bubble and the global financial crisis has predicted that markets will be “ripe for a major decline”...
- Jeremy Grantham: Learning To Live With A Stock Bubble
Link to: Jeremy Grantham: Learning to Live With a Stock BubbleFor Jeremy Grantham, founder and strategist at GMO, a Boston-based money manager that oversees about $120 billion, it hasn't been easy watching equity markets rack up huge gains. As...
- Gmo’s Market Outlook: "disappointingly Overvalued"
Opportunities across US and foreign assets classes are unattractive, according to Ben Inker, the head of asset allocation at the Boston-based global money manager Grantham, Mayo, van Otterloo & Co. (GMO). Neither the equity nor fixed income markets...
- Jeremy Grantham Guarantees Gold Will Crash - By Robert Huebscher
Jeremy Grantham, the investor celebrated for his ability to spot and exploit bubbles in asset classes, guaranteed yesterday that the current bull market in gold will end. His proof? He bought some – for his own account – at the end of last week. His...
- Jeremy Grantham On Wealthtrack
Jeremy Grantham was a guest on this week's Consuelo Mack WealthTrack for an exclusive interview and his television debut: Video - 11/21/08 - The complete interview is available HERE. .................... - Related previous posts: - GMO: Quarterly...
Money and Finance
Jeremy Grantham: US Stocks are Expensive and Bonds are Disgusting
Jeremy Grantham, who has consistently identified overpricing in the US equity markets – he flagged both the Dot Com bubble and the irrational pricing that preceded the financial crisis, for instance – said last week that US stocks are “a little expensive” and bonds are “disgusting.” But his sternest warning to investors concerned the longer-term threat posed by global resource constraints.
Abnormally high corporate profits are the primary reason for Grantham’s contention that stocks are overvalued. Reversion to the mean is the core expectation that undergirds his firm’s investment philosophy, and when profit margins revert to their historical averages, he argued, investors will suffer weak returns.
Grantham is the co-founder and chief investment strategist of Grantham Mayo van Otterloo (GMO), the Boston-based asset manager. His was one of the keynote presentations at last week’s Morningstar Investment Conference, held in Chicago.
- Links
GMO founder Grantham says markets ‘ripe for major decline’ in 2016 (LINK) A well-known fund manager who foresaw the Japanese crash, the dotcom bubble and the global financial crisis has predicted that markets will be “ripe for a major decline”...
- Jeremy Grantham: Learning To Live With A Stock Bubble
Link to: Jeremy Grantham: Learning to Live With a Stock BubbleFor Jeremy Grantham, founder and strategist at GMO, a Boston-based money manager that oversees about $120 billion, it hasn't been easy watching equity markets rack up huge gains. As...
- Gmo’s Market Outlook: "disappointingly Overvalued"
Opportunities across US and foreign assets classes are unattractive, according to Ben Inker, the head of asset allocation at the Boston-based global money manager Grantham, Mayo, van Otterloo & Co. (GMO). Neither the equity nor fixed income markets...
- Jeremy Grantham Guarantees Gold Will Crash - By Robert Huebscher
Jeremy Grantham, the investor celebrated for his ability to spot and exploit bubbles in asset classes, guaranteed yesterday that the current bull market in gold will end. His proof? He bought some – for his own account – at the end of last week. His...
- Jeremy Grantham On Wealthtrack
Jeremy Grantham was a guest on this week's Consuelo Mack WealthTrack for an exclusive interview and his television debut: Video - 11/21/08 - The complete interview is available HERE. .................... - Related previous posts: - GMO: Quarterly...