Jeremy Grantham: Super Bubble Bursting, Recession Imminent

The John Johnston Lounge · Sep 10, 2023 · 7m

I summarize and discuss the latest Jeremy Grantham interview, with Bloomberg Wealth's David Rubenstein, in which the billionaire veteran investor Grantham discussed the super bubble he currently sees deflating the US stock market. Grantham believes the deflating of the super bubble is now being prolonged by a new artificial intelligence (AI) mini bubble, but that the US stock market crash will continue, leading into a US economic recession lasting deep into 2024. Timestamps: 00:00 Jeremy Grantham interview intro 00:39 Grantham the financial doomsday oracle - predicting market bubbles 01:42…