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

, 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.

ایران آخرین اخبار, ایران سرفصلها