Beware the Equity Bubble: Jeremy Grantham
In his new quarterly letter, the master of value investing warns that all the classic signs of an overextended bull market are flashing red. He recommends value and emerging...
What Keeps Equities Aloft: Grantham
Low rates, high leverage, monopoly power, global brands and a friendly Supreme Court have all helped sustain corporate profits and keep P/E ratios high, writes the famous value investor.
