Longtime stock-market bear Jeremy Grantham says the “easiest” part of the U.S. stock-market bubble burst is over. Investors should brace for a wild ride.
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Think the bear market of 2022 in U.S. stocks has been rough? The hard part may still lie ahead, according to longtime stock market investor Jeremy Grantham.
The legendary co-founder of Boston-based investment firm GMO argued in a Tuesday paper, cheerfully titled, “After a Timeout, Back to the Meat Grinder,” that “the first and easiest leg of the bursting of the bubble we called for a year ago is complete.”
The…
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