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Jeremy Grantham: "We've got an artificial rate structure ... And we're going to use that as a yardstick? We're going to say 'Stocks are cheap because they are
by bhk 6y ago
Jeremy Grantham: "We've got an artificial rate structure ... And we're going to use that as a yardstick? We're going to say 'Stocks are cheap because they are less utterly ludicrous than a 30 year bond, or cash which is deeply negative?'"
https://www.bloomberg.com/news/videos/2021-01-22/why-grantham-says-the-next-crash-will-rival-1929-2000-video https://www.bloomberg.com/news/videos/2021-01-22/why-grantha...
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