FYI: Key Points
“This will be limping along; three steps down, two steps back. It’s not a typical experience,” Grantham, who is famous for calling the last two major bubbles in the market, told CNBC’s Wilfred Frost on Thursday.
“I was really hoping there would be a magnificent bubble ending to this, as there had been to the three great recent experiences,” he said. “It doesn’t look like it will and, therefore, you’re going to have a decline of a different nature.”
Regards,
Ted
https://www.cnbc.com/2019/03/07/this-bull-market-will-not-end-with-a-massive-pullback-grantham-says.html
Comments
"Massive pullback"??? Is Grantham unable to say "crash"?
https://finance.yahoo.com/m/027db830-2283-3401-a13e-4c3121b983f4/man-credited-with-calling-the.html
Jeremy Grantham, an investor credited with calling the 2000 and 2008 downturns, told CNBC on Thursday that investors should get inured to lackluster returns in the stock market for the next two decades, after a century of handsome gains.