Last week, the veteran investor and market guru Jeremy Grantham warned that stock markets were in a bubble that would inevitably burst. He said the US equity market was more overvalued now than on the eve of the Great Crash of 1929. The markets responded by continuing to rise, but does he have a point?
All on worthless printed money pumped up by financial easing. The whole lot will crash along with Bitcoin. Some people will get burnt?
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