Legendary investor Jeremy Grantham issues investor warning

MarketsInsider/Theron Mohamed/11-14-2021

grpahic image of Dr MoneyWise pointing to a chart of the 1929 stock market crash with comment

“The legendary investor and chief strategist of Grantham, Mayo & van Otterloo also sounded the inflation alarm, blasted the Federal Reserve for pumping up asset prices, and reiterated his warning that the worst market crash in US history is coming.”

USAGOLD note: Grantham criticized the mentality that stock prices never decline and “all you have to do is buy.” Investors, he says, are more “blindly optimistic” than they were before the Crash of 1929 or the tech and housing bubbles.

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