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Jeremy Grantham: Super Bubble Bursting + Recession Coming
I summarize and discuss the latest Jeremy Grantham interview, with Bloomberg Wealth's David Rubenstein, in which the billionaire veteran investor Grantham discussed the super bubble he currently sees deflating the US stock market. Grantham believes the deflating of the super bubble is now being prolonged by a new artificial intelligence (AI) mini bubble, but that the US stock market crash will continue, leading into a US economic recession lasting deep into 2024.
Timestamps:
00:00 Jeremy Grantham interview intro
00:39 Grantham the financial doomsday oracle - predicting market bubbles
01:42 Deflating of the super bubble leading to recession
02:42 Learning to identify and resist a stock market bubble
04:11 2021 tech bubble: one of the great stock market bubbles
04:42 Will there be a US recession in 2023 or 2024?
05:51 AI bubble pausing the super-bubble bust
06:19 Will Jeremy Grantham be right or wrong?
Related episodes
Jeremy Grantham: AI Boom Pauses Super-Bubble Bust https://youtu.be/ATP0GGON2B0
Investor Jeremy Grantham: Super Bubble Enters Final Phase https://youtu.be/tTFO3Qn5e20
Investor Seth Klarman on the Everything Bubble
https://youtu.be/C4rs2M_lOKw
Stan Druckenmiller Still Predicts Hard Landing Recession
The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664
Using a referral link helps support the show, thanks!
I use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (referral link): http://tikr.com/theartofvalue
Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.
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