Grantham doubles down on bearish stock market call

MarketsInsider/Theron Mohamed/4-14-2023

“Prepare for US stocks to plunge, the economy to slump, and more financial fiascos to emerge, Jeremy Grantham has warned.”

USAGOLD note: There is a reason Grantham gets considerable attention in the mainstream financial media. His bearish calls have proven to be on the money over the past two years. He is now saying that the S&P 500 will fall another 27% to around the 3000 level, and to the 2000 level in a worst-case scenario –  a 50% drop overall.