Jeremy Grantham says 'easiest leg' of stock-market bubble burst is over. Here's what's next.

Think the bear market of 2022 in U.S. stocks has been rough? The hard part may still lie ahead, according to longtime stock market investor Jeremy Grantham.

The legendary co-founder of Boston-based investment firm GMO argued in a Tuesday paper, cheerfully titled, “After a Timeout, Back to the Meat Grinder,” that “the first and easiest leg of the bursting of the bubble we called for a year ago is complete.” Such an outcome wouldn’t be “the end of the world but compared to the Goldilocks pattern of the last 20 years, pretty brutal.

Grantham said that while such an outcome remains highly likely, investors should have far less certainty about the timing and extend of the market’s next leg down.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Deborah Barak, Longtime CBS Business Executive, Dies at 65During her more than 30-year tenure with the company, Barak led history-making talent and producer deals, program licensing agreements and developed new business models.
Source: THR - 🏆 411. / 53 Read more »

Deborah Barak, Longtime CBS Business Affairs Executive, Dies at 65Deborah Barak, a longtime CBS business affairs executive who helped guide the Eye network through a transitional era of television, died Saturday after battling cancer. She was 65. Barak was widely…
Source: Variety - 🏆 108. / 63 Read more »