Jeremy Grantham is one of the most successful asset managers in history. This is what he has to say about the current bubble in stocks and bonds... in sum: it’s a bubble of epic proportions, equivalent, or worse, to the South Seas, 1929 and dotcom bubbles. I agree 100%.
PS The dissonance between the US political situation (the Capitol stormed, 5 dead !!) and the raging bull in stocks is astonishing.
https://www.gmo.com/europe/research-library/waiting-for-the-last-dance/
welcome back hell.... man, I am glad you are still around. Happy new year and take care. =)
ReplyDeleteHi there, and thanks for your wishes. Lets all hope that 2021 is less interesting than 2020 (smile).
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