Forget the Rebound, Grantham’s GMO Says Stock Bubble Is Bursting

davfor

Tarlie says one reason to take his model seriously is that bubbles are rare.

“Since the late 1800s, we count only five episodes, including today’s,” he wrote in the report, the other four being the late 1910s, 1929, early 1980s and the late 1990s tech boom. “Four of these five are well known to market historians. It is likely that future market historians will learn to know the current episode as well.”

.....But will the current "bubble" burst or will it slowly deflate? Anyway, here is the link:

https://www.bloomberg.com/news/articles/2019-01-18/forget-the-rebound-grantham-s-gmo-says-stock-bubble-is-bursting