News Formal

Man credited with calling the 2008 crisis says the next 20 years in the stock market will ‘break a lot of hearts’

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Jeremy Grantham, an investor credited with calling the 2000 and 2008 downturns, told CNBC on Thursday that investors should get inured to lackluster returns in the stock market for the next two decades, after a century of handsome gains.

Jeremy Grantham, an investor credited with predicting the 2000 and 2008 downturns, told CNBC on Thursday that investors should get inured to lackluster returns in the stock market for the next two decades, after a century of handsome gains.

Over the past five years, the S&P 500 index SPX, -0.70% has produced a compound annual growth rate of 8.1%, the Dow Jones Industrial Average DJIA, -0.51% has boasted a CAGR of 9.1%, while the Nasdaq Composite Index COMP, -0.62% has registered a compound return of 11.4% over the same period, according to FactSet data.

‘This is not incredibly painful, but it’s going to break a lot of hearts when we’re right.’ Jeremy Grantham Grantham, who has been predicting a meltdown in stocks since last year, said that not even the recent go-slow reversal by the Federal Reserve on rate increases and the European Central Bank’s decision to roll out a fresh batch of bank stimulus will push stocks significantly higher. “You can’t get blood out of a stone,” he told the network.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

I’ve seen this article since 2016....

An imbecile could have predicted the crisis of 2008. He has no credibility over the next 20 years.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Your view of stocks may be tied to these two seismic market eventsThe bursting of the internet bubble in 2000 and the end of the 2008 Financial Crisis both affected investors’ comfort with stocks, writes Mark Hulbert.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »