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Old 01-20-2022, 06:22 PM   #3383
Macman
Self Imposed Retirement
 
Join Date: Dec 2020
Location: Calgary
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This guy's predicting a 50% S&P crash.

Jeremy Grantham, the legendary investor who has predicted the last three market bubbles, foresees the S&P 500 crashing almost 50% after the fourth "superbubble" the US has ever seen bursts — even with multiple efforts underway to prevent it.

His advice to investors?

Avoid US equities, invest in value stocks of emerging markets and several cheaper developed countries such as Japan. Plus, have some cash for flexibility, as well as a little gold and silver.
And as for crypto, that asset class leaves him "increasingly feeling like the boy watching the naked emperor passing in procession," he said.


https://markets.businessinsider.com/...-gmo-50-2022-1
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