Elite investor Jeremy Grantham warns against investing in US equities, expecting the AI bubble to bust, and bracing for a recession.
Stocks are ridiculously overpriced and likely to struggle, artificial intelligence is a bubble waiting to explode, and the economy will suffer a small recession or worse, according to Jeremy Grantham. In a recent ThinkAdvisor interview, GMO’s co-founder and long-term strategist advised investors to avoid US equities. “They’re almost ridiculously higher priced than the rest of … Read more