"Bubble Prophet" Jeremy Grantham
No one likes bad news, but if the "bad news" the person says turns out to be true, the news has value. "Bubble Prophet" Jeremy Grantham is unique in the industry because he accurately judged that the Japanese stock market peaked in the late 1980s, the technology bubble in 1999, and the US real estate bubble in 2007.
Jeremy Grantham's latest "bubble theory" came in an interview last July. This article is that "old news", but it is published today because he's right again this time.
"We're in a bubble and the decline could be in a few months," he said last July. He reminded not to invest in the U.S. stock market, and do not invest in the 5 major technology leaders in the U.S. stock market; if you want to invest, invest in emerging markets, especially the Chinese market, "Due to the size and growth rate of the Chinese market, investment in China, the return is guaranteed. Also, China has developed rapidly in technology, including wind energy, electricity, and electric vehicles.”
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And I dont think they have shown any recovery yet. 🧐