“I am officially scared. In 2000, we had a technology bubble. But this is massive, a massive credit crisis and a bubble in global housing, global equity and global land.”
-Jeremy Grantham as quoted by Chicago Tribune

Share

Super-bear Jeremy Grantham had something positive to say for once. Well actually it’s only a friend of Jeremy Grantham, oh well. But it IS positive — sort of.

“The good news, provided you are by now heavily liquid, is that there are many shares priced for a degree of economic collapse that even [...]

The tenor was downbeat at a panel put together by Pensions and Investments online that included well-known Boson-based investor Jeremy Grantham. Grantham is on record as being a sceptic of the current investment climate and sees the rally from 2003 as a bear market rally in the middle of a secular bear that started [...]

Jeremy Grantham, a hedge fund manager based in the Boston area, is one of the more respected money managers who has had a cautious view on equities during this past economic cycle. The Canadian daily Globe & Mail has a good interview with him. Text is below.

Grantham: the bear growls
Is it 1929 all [...]