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The Tell: Jeremy Grantham says ‘easiest leg’ of stock-market bubble burst over. Here’s what’s next.

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. Read More...

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.”


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