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January 26, 2021 | Grantham: Next crash will rival 1929, 2000

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

Jeremy Grantham, co-founder and chief investment strategist of Boston’s GMO, believes U.S. stocks have become an epic bubble and will burst in a collapse rivalling the crashes of 1929 and 2000. In this interview, he explains why, discusses the futility of Federal Reserve policy, criticizes the state of American capitalism, and shares his thoughts on gold, Bitcoin, emerging markets and climate change. Here is a direct video link.

Here’s the market action that followed the bursting of the three previous financial bubbles closest in scale to the present one.  Thank you central banks for all you do!  Entry points on the other side are well worth waiting for.

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January 26th, 2021

Posted In: Juggling Dynamite

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