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Jeremy Grantham Calls Stock Market Crash…

February 1, 2023January 20, 2022 by Finance Gourmet

Jeremy Grantham crash call I don’t mean to pick on Jeremy Grantham, I just seem to see his stuff come across more than others. Maybe that is because he is so influential, or maybe he just generates headlines that financial journalists love like calling crashes and calling things super bubbles. What is he saying this time? Jeremy Grantham Calls Bubble Popping and Stock Market Crash Again… So, Grantham is back with another stock market crash call, or he is still calling a stock market crash that already started, or he is really super serious about it this time, depending upon how you want to spin it. Grantham spins it like this: “I wasn’t quite as certain about this bubble a year ago as I had been about the tech bubble of 2000, or as I had been in Japan, or as I had been in the housing bubble of 2007.” Bloomberg That’s weird. I don’t remember any “I’m not as sure,” talk the last time Grantham called a bubble popping stock market crash. I wrote about Grantham accuracy right here in March of 2019 when he was already calling a crash (oops). I wrote about him again in January of …

Jeremy Grantham Calls “Epic Bubble”

January 6, 2021 by Finance Gourmet

One of my favorite themes here on Finance Gourmet is accountability. Accountability for your financial advisor, accountability for talking heads on money TV, accountability for analysts making “calls” about the market. Too often, all of these predictions and calls are simply forgotten until one of them is “right” and then, they won’t shut up about it. I try, in my huge amounts of spare time (Hah!) to bring a little bit of accountability to the big names and headlines that fly by. Today, it’s Jeremy Grantham. Epic Bubble Every article with the name Jeremy Grantham in it makes sure to “credit” him with predicting the housing bubble of 2007. Some also credit him with predicting the dot-com bubble of 2009. That’s pretty cool, but it is now 2021. Wondering about the TurboTax card? What has he predicted in the last 11 years? Have any of those predictions been good … or bad? Never mind that, the finance press says. He predicted those two things over a decade ago and now he says, “Epic bubble!” Print it! Jeremy Grantham Track Record First off, let’s give Mr. Grantham some credit. In January 2018, he predicted a “melt-up” in the stock market. He …