Comments on: Jeremy Grantham: The market is 25% overvalued; 15% correction coming http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: richard http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57541 richard Sat, 07 Nov 2009 17:22:00 +0000 http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57541 Well, Jeremy Grantham is someone you don't take lightly but many gurus have made calls that worked at one time and didn't another. Someone mentioned that other gurus are in accord. I got news for you: some other gurus are not in accord. Steve Leuthold, James Stack, Dan Sullivan to mention just a few(who have had maybe more success than Grantham). It's easy for him to lambaste Bernanke and all but time will determine this. I'm open: he could be right. I'll place my bets here on Bernanke. I'm thinking we are lucky to have the team of people we have at this time in history. This is what those Ivy league educations are all about. Well, Jeremy Grantham is someone you don’t take lightly but many gurus have made calls that worked at one time and didn’t another. Someone mentioned that other gurus are in accord. I got news for you: some other gurus are not in accord. Steve Leuthold, James Stack, Dan Sullivan to mention just a few(who have had maybe more success than Grantham). It’s easy for him to lambaste Bernanke and all but time will determine this. I’m open: he could be right. I’ll place my bets here on Bernanke. I’m thinking we are lucky to have the team of people we have at this time in history. This is what those Ivy league educations are all about.

]]> By: Anonymous http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57457 Anonymous Wed, 28 Oct 2009 13:13:00 +0000 http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57457 That's mortgage BORROWERS not BROKERS. No one has tried to help them out thankfully. That’s mortgage BORROWERS not BROKERS. No one has tried to help them out thankfully.

]]> By: ChartingStock http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57456 ChartingStock Wed, 28 Oct 2009 02:11:00 +0000 http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57456 Great Post-Seems Like Granthams View Of A Near Term Sharp Correction Is Shared By More & More Legendary Traders Recently. Good Trading Great Post-Seems Like Granthams View Of A Near Term Sharp Correction Is Shared By More & More Legendary Traders Recently.
Good Trading

]]> By: Edward Harrison http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57445 Edward Harrison Tue, 27 Oct 2009 20:16:00 +0000 http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57445 Look at what Bill Gross is saying in one of my next posts: http://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html He points out that the 'body politic' is not going to allow the kind of environment in which Dow 6000 is likely. They will do everything they can to prevent this. So, if you believe Gross (and I do to a point) that necessarily means there is a floor to stocks which in the short-term can only be broken by some serious exogenous shock ($120 oil for example). I generally think we will EVENTUALLY see inflation adjusted lows lower than 666 on the S&P, but Grantham makes some good points. Look at what Bill Gross is saying in one of my next posts:

http://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html

He points out that the ‘body politic’ is not going to allow the kind of environment in which Dow 6000 is likely. They will do everything they can to prevent this. So, if you believe Gross (and I do to a point) that necessarily means there is a floor to stocks which in the short-term can only be broken by some serious exogenous shock ($120 oil for example).

I generally think we will EVENTUALLY see inflation adjusted lows lower than 666 on the S&P, but Grantham makes some good points.

]]> By: Anonymous http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57438 Anonymous Tue, 27 Oct 2009 16:02:00 +0000 http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57438 I agree. In addition, Oil at these levels and potentially higher add to the headwinds. Let's see if Mr. Grantham is right. Track this call overtime....http://www.etfdesk.com/headline.aspx?hId=1384 I agree. In addition, Oil at these levels and potentially higher add to the headwinds. Let’s see if Mr. Grantham is right. Track this call overtime….http://www.etfdesk.com/headline.aspx?hId=1384

]]> By: Anonymous http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57431 Anonymous Tue, 27 Oct 2009 02:09:00 +0000 http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57431 why can't the S&P trade down below 600? This is not even 1 times book. With this phoney money pumping up this artificial economy the day of reckening is near when the ponzi schems from the fed faikl to work. When this happens the wipeout hits. Then we get the long lasted multi decade correction needed to correct all this fraud! why can’t the S&P trade down below 600?
This is not even 1 times book.
With this phoney money pumping up this artificial economy the day of reckening is near when the ponzi schems from the fed faikl to work. When this happens the wipeout hits. Then we get the long lasted multi decade correction needed to correct all this fraud!

]]> By: Anonymous http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57430 Anonymous Tue, 27 Oct 2009 02:06:00 +0000 http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57430 He left out the Realwhores. Do not forget the realwhores. The realwhores still coming out with their questionabler predictions and info. He left out the Realwhores. Do not forget the realwhores.
The realwhores still coming out with their questionabler predictions and info.

]]> By: Anonymous http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57429 Anonymous Tue, 27 Oct 2009 02:04:00 +0000 http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html#comment-57429 These stooges should be handed striped outfit with a sledge hammer forced to pound on some rocks for the rest of their lives. These stooges should be handed striped outfit with a sledge hammer forced to pound on some rocks for the rest of their lives.

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