Grantham: 20-30% upside in US stock bubble

Wednesday, 20 November 2013

Regular readers will know that GMO’s Jeremy Grantham is something of a hero of mine. And in his latest quarterly newsletter he does not disappoint, forecasting 20-30% upside to the US stock bubble and subsequent crash. It’s long but I recommend reading it all.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.