‘Good luck! We’ll all need it’: U.S. market approaches end of ‘superbubble,’ says Jeremy Grantham

MarketWatch/Christine Idzelis/1-20-2022

“The U.S. is approaching the end of a ‘superbubble’ spanning across stocks, bonds, real estate and commodities following massive stimulus during the COVID pandemic, potentially leading to the largest markdown of wealth in its history once pessimism returns to rule markets, according to legendary investor Jeremy Grantham.”

USAGOLD note: Grantham says we are in the “vampire phase of the bull market” when nothing seemingly can kill it …… Until someday it just “keels over and dies.”

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