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Investor Jeremy Grantham, in a recent interview said the current stock market is very likely to be in a big bear market rally. He expects the benchmark S&P 500 to eventually go down 50% from its 2021 peak, and the NASDAQ could go down 80%, like during the 2000 tech bubble bust. He also has some other predictions about the current bear market.
This is The Art of Value episode 111.
Full Jeremy Grantham Interview: The Current Bear Market w/ Jeremy Grantham (TIP466): https://youtu.be/OCUeKnAQVjc
Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial help before making any investment decision.