Jeremy Grantham says the current plunge in stocks is eerily similar to the crashes of 1929 and 2000

  • 📰 BISouthAfrica
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

'This has been exactly how the great bubbles have broken,' Jeremy Grantham said. 'It's almost eerily classic.'

, inflation stays hot, and economic growth continues at a solid pace.

, which bets on fast-growing tech companies and soared in 2020, has fallen 55% from a high in February.index of smaller companies, which has fallen over the last year, is a sign that things are not well in the US stock market. Grantham said he is"just about nearly certain" that a major crash is coming for the entire US stock market. He said the S&P 500 is likely to drop almost 50%, wiping out tens of trillions of dollars of wealth.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 34. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares