Jeremy Grantham, investment legend and long-time value investor, warns of a bubble of "epic proportions" in the bond, stock, housing, and commodities markets.
Grantham, who has accurately predicted market bubbles in the past, believes that the current market is overvalued and due for a correction. He cites three factors that are contributing to the bubble: low interest rates, easy credit, and excessive speculation.
Grantham also discusses his views on climate change, bursting market bubbles, and artificial intelligence. He believes that climate change is the most important issue facing the world today, and that artificial intelligence could have a major impact on the future of the economy.
WEALTHTRACK 2001 originally broadcast on June 30, 2023
More info: https://wealthtrack.com/jeremy-granthams-views-on-climate-change-bursting-market-bubbles-and-artificial-intelligence/
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