Jeremy Grantham thinks US stocks could crash next year.
Grantham is the founder of GMO, a firm that manages $118 billion. He’s
widely respected for warning about the 2000 market crash and the 2008
financial crisis.
Although most large money managers will tell you to always be in the
market (which means you will always pay them fees), Grantham is willing
to speak his mind, even if that means telling people to get out of the
market.
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