Jeremy Grantham's prediction of U.S. stock market meltdown
Investor Jeremy Grantham predicts a meltdown for U.S. stocks as he believes the market is in 'super bubble' territory.
Key Points
- U.S. stock market is in 'super bubble' territory according to Grantham.
- Grantham warns of the dangers of the market reaching new highs.
Pros
- Jeremy Grantham has accurately predicted past financial crises and market tops.
Cons
- Investors may face significant losses if the U.S. stock market experiences a meltdown.