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Elite investor Jeremy Grantham has warned stocks are in a bubble and could plunge by over 50% – but his colleague says they’ve gotten cheaper

by | Dec 13, 2023 | AlphaTack Intel

  • Jeremy Grantham has warned the S&P 500 could plunge by more than 50% from current levels to 2,200 points.

  • But one of his colleagues, Ben Inker, says US stocks are much cheaper today than two years ago.

  • GMO’s co-head of asset allocation says inflation and economic growth have made stocks more valuable.

Jeremy Grantham expects the S&P 500 to shed a third of its value, and plunge by over 50% from current levels if a few things go wrong. Ben Inker, the co-head of asset allocation at the elite investor’s firm GMO, struck a much more positive tone during the latest episode of Morningstar’s