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The market historian and GMO cofounder suggested the SP 500 could plunge. Severe crashes could potentially lead to bear markets that last months.
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Market volatility can be nerve-wracking.
. That would mean that the greatest bubble of all financial asset classes including gold has burst insists Dent. Stock market downturns are daunting but theyre also temporary. Michael Burry the investor of The Big Short fame warned US stocks are heavily overvalued and poised to tumble in a now-deleted tweet on Monday.
Something is loading. Stay focused on the long term. 12 hours agoUS stocks are set to double or even triple their recent declines Jeremy Grantham warned in a CNBC interview this month.
By the end of March the market could be down 30-40 or more he says. If you have a portfolio full of strong stocks your investments have a much better chance of surviving even the worst market crashes. MorningstarYouTube Grantham said in January 2021 the market was a fully fledged epic bubble and described it as the real McCoy.
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