Grantham Warns of 'Epic' Market Crash if Stocks and Housing Bubble Bursts, Calls Fed and Big Tech Hype Distractions from Bigger Economic Threats
-
Jeremy Grantham warned of an "everything bubble" across assets like stocks, bonds, and real estate that could lead to an epic market crash.
-
He predicted the S&P 500 could plunge over 50% to 2,000 points in a worst-case scenario if the bubble pops.
-
Grantham slammed the Federal Reserve's track record and doubts they can engineer a soft landing for the economy.
-
He was critical of the hype around AI and big tech stocks, calling it a "head fake" that distracts from serious economic risks.
-
Beyond markets, Grantham highlighted bigger issues like wealth inequality, climate change, and other long-term threats that he fears are being ignored.