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☆ Jeremy Grantham's right-hand man Ben Inker warns your 60/40 portfolio is in for a 'lost decade' of negative returns
▼ + stars: | 2024-09-30 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

The popular 60/40 portfolio of stocks and bonds has returned double digits annually since 1979. Inker shares the risks of the 60/40 strategy and where he's looking for opportunities. AdvertisementFor decades, the 60/40 strategy has been the gold standard of investing. As a result, the 60/40 portfolio right now is not set up to generate attractive returns. Related storiesInvesting against the grainInstead of the traditional 60/40 portfolio, Inker recommends taking a more flexible approach to different asset allocations.

Persons: Ben, —, Jeremy Grantham, doesn't, they've Organizations: Service, Bloomberg

☆ A notorious market bear who called the 2000 and 2008 crashes shares 3 charts revealing striking similarities between today's market and the most extreme bubbles — and warns of 50-70% downside for the
▼ + stars: | 2024-06-29 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

"In contrast, current valuation extremes imply potential downside risk for the S&P 500 on the order of 50-70% over the completion of this cycle." JPMorgan's Marko Kolanovic expects the S&P 500 to fall to 4,200, while more extreme forecasts include Jeremy Grantham's estimate in the low 3,000s. And as the stock market ground mostly higher, he persisted with his doomsday calls. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 26% over the past year.

Persons: —, Jonathan Golub, Count John Hussman, Hussman, Hussman's, Morgan Stanley's Mike Wilson, Piper Sandler's Michael Kantrowitz, JPMorgan's Marko Kolanovic, Jeremy Grantham's Organizations: Service, UBS, Business, Hussman Investment Trust, New York Stock Exchange, Investor Intelligence

☆ Market doomsayer Jeremy Grantham says stocks are at 'illogical and dangerous' levels — and warns the AI bubble will pop
▼ + stars: | 2024-03-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

US stocks are priced for perfection in an "imperfect and dangerous" world, Jeremy Grantham said. The top investor said AI could be bigger than the internet but the initial bubble would likely pop. AdvertisementStocks are dangerously overvalued and poised to disappoint, the AI bubble is bound to burst, and a recession appears likely, Jeremy Grantham has warned. Yet he said the rollout of ChatGPT "rudely interrupted" that process by inflating a whole new bubble around AI. "So it is likely to be with the current AI bubble," Grantham said, predicting it would "at least temporarily deflate and probably facilitate a more normal ending to the original bubble."

Persons: Jeremy Grantham, Grantham's, —, Grantham, there's Organizations: Service Locations: Europe, Asia

☆ The epic stock rally will end badly, the AI bubble will burst, and the economy will sink, warns elite investor Jeremy Grantham
▼ + stars: | 2024-02-15 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Jeremy Grantham warned US stocks and the economy are headed for trouble. The elite investor and market historian said the AI frenzy is a bubble that's bound to burst. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "Please be advised, the rest of the world is looking with amazement at the US, the US economy, the US stock market," he said. It's worth emphasizing that the US stock market and economy have defied Grantham's warnings of crashes and recession for several years now, and might well continue to do so.

Persons: Jeremy Grantham, Grantham, —, you've, it's Organizations: Service, Exchange, Nvidia, Microsoft Locations: Miami, Ukraine, Gaza

☆ Stay away from US stocks, expect the AI bubble to burst, and brace for a recession, elite investor Jeremy Grantham says
▼ + stars: | 2024-02-03 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

US stocks are heavily overvalued, a recession is coming, and AI is overhyped, Jeremy Grantham said. Stocks would have plunged another 20% or 30% in 2023 if not for the AI craze, the investor said. Grantham said he's worried about foreign wars, especially when asset prices are at record highs. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: Jeremy Grantham, Stocks, Grantham, he's, — Organizations: Service, Nasdaq Locations: Grantham, Ukraine, Japan

☆ Jeremy Grantham's GMO just launched an actively managed fund focused on high-quality stocks. Its manager shares 7 unique companies he's betting on to deliver high returns.
▼ + stars: | 2023-11-24 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

The GMO US Quality ETF (QLTY) launched on November 12, and as its name implies, the fund seeks to offer investors exposure to so-called quality stocks through an actively managed approach. This story is available exclusively to Business Insider subscribers. "At GMO, internally we also talk about intrinsic value, which is adjusting for growth and quality," Hancock said. The aerospace business manufactures and re-services airplane engines, and the continued resurgence in global demand for travel following the pandemic bodes well for the business, Hancock said. While the timing of the ETF release is not related to Grantham's call, Hancock said quality stocks are typically more defensive in a recessionary environment.

Persons: Tom Hancock, Hancock, Jeremy Grantham, Grantham Organizations: Business, Microsoft, Apple, Nvidia, Electric, GE

☆ Jeremy Grantham's GMO launched its first ETF with top portfolio managers. Here's what's in it
▼ + stars: | 2023-11-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Jeremy Grantham's investment firm is taking its first steps to enter the world of exchange traded funds, debuting a new offering modeled on one of Grantham, Mayo, Van Otterloo's crown jewel mutual funds. The GMO U.S. Quality ETF (QLTY) launched last Wednesday, marking the investment firm's first ETF. The new ETF will be managed by the same team that helms GMO Quality III mutual fund ( GQETX ). The QLTY ETF should see a similar turnover rate of around 20% to what the mutual fund has, he added. Jeremy Grantham, GMO's chief investment strategist, is not directly involved in the new ETF.

Persons: Jeremy, Van, Tom Hancock, Hancock, Jeremy Grantham Organizations: Quality, helms, Morningstar, Microsoft, General Electric Locations: Grantham, Mayo

☆ Be ready for the S&P 500 to crash by 50%, house prices to slide, and a recession to strike, Jeremy Grantham says. Here are the elite investor's 16 best quotes from a new interview.
▼ + stars: | 2023-10-07 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

The elite investor sees house prices falling and predicts a recession will strike next year. AdvertisementAdvertisementJeremy Grantham floated the possibility of a 50% crash in the S&P 500, predicted US house prices would drop, and rang the recession alarm during the latest episode of Bloomberg's "Merryn Talks Money" podcast. They're vulnerable on the debt front, vulnerable on the financial front, and vulnerable on a broad economic front." "An over 40-year period of driving down mortgage rates, of course you drove up house prices all over the world, pretty much. "House prices are worse for the ordinary household.

Persons: Jeremy Grantham, —, Merryn, bitcoin, It's, Russell, overpricing, it's, They've Organizations: Service, Commodities

☆ Wall Street is betting on an active management comeback with new ETF launches
▼ + stars: | 2023-09-28 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

There were 68 active fund launches in the third quarter as of Sept. 22, compared to 49 indexed fund launches, according to CFRA. Passive funds still make up the majority of the ETF market, and they typically cost less than active products. JEPI, the biggest active ETF, has underperformed the S & P 500 this year but is still attracting new cash. "One of the problems with straightforward active funds, and we do run some straightforward active funds, is that very often ... you are tethered to that broad index, whatever happens to be in that. Abbott's firm launched five new active funds last week, including the Matthews Japan Active ETF (JPAN) .

Persons: Rachel Aguirre, Euan Munro, BNY Mellon, Cooper Abbott, Stephanie Pierce, Dreyfus, Jeremy Grantham's, Abbott Organizations: BlackRock, CNBC, JPMorgan —, Nasdaq, Newton Asset Management, BNY, Matthews Asia, Matthews Japan Active, SEC, Mellon & Exchange, BNY Mellon Investment Management Locations: BALI, BlackRock

☆ Legendary investor Jeremy Grantham calls Elon Musk a 'wonderful propagandist' and warns home prices will fall 30%. Here are the best 10 quotes from a new interview.
▼ + stars: | 2023-09-22 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Legendary investor Jeremy Grantham warned that home prices are doomed to fall amid high mortgage rates. What the stock market loves"It loves low inflation. The crucial ingredient to a stock market bubble"The surge that took place in late 2020 finally had the characteristics that have been missing for 10 years. [NFTs], meme-stocks, QuantumScape is the biggest scale of any bubble in [stock market] history." That's the biggest bubble I think in history, including the South Sea bubble."

Persons: Jeremy Grantham, Tesla's Elon Musk, Elon Musk's salesmanship, Grantham, Josh Brown, Michael Batnick, I've Organizations: Service, Elon, Ritholtz, Stock Locations: Wall, Silicon, Beijing, Shanghai, Sydney, Adelaide, Canada, London, Toronto, Boston, Japan, Manhattan, Downtown Manhattan, Tokyo

☆ Jeremy Grantham sounds the alarm on stocks, recession, inflation, and interest rates in a new interview. Here are his 8 best quotes.
▼ + stars: | 2023-09-06 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Jeremy Grantham rang the alarm on inflation, interest rates, markets, and the economy. We're now in an era that will average higher rates than we had for the last 10 years." "I suspect inflation will never be as low as it averaged for the last 10 years, that we have re-entered a period of moderately higher inflation, and therefore moderately higher interest rates." The power of interest rates rising and depressing the real estate market — very negative, slow-moving influence. When we sit here discussing the stock market, we're a little like Emperor Nero fiddling while Rome burns."

Persons: Jeremy Grantham, Grantham, David Rubenstein, We're, —, Nero Organizations: Service, Bloomberg Locations: Wall, Silicon, Grantham

☆ Legendary investor Jeremy Grantham revealed how the AI craze has changed the odds of an epic market crash. Here are the 8 best quotes.
▼ + stars: | 2023-07-08 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Grantham said AI was unlikely to interfere with the bubble bursting, but could limit the fallout. "I'm a little bit disturbed by the emergence of the kind of mini-bubble in artificial intelligence. We have a year or two to have a fairly traditional bubble losing air, recession, decline in profit margins, and some grief in the stock market. "Artificial intelligence has the biggest scrambling of opinions of the future that one has ever seen. They've played right into the strong speculation around artificial intelligence, they've made an unprecedented 25% over anything.

Persons: Jeremy Grantham, Grantham, who've, They've, they've Organizations: Service, Big Tech, Wall Street, Nasdaq Locations: Wall, Silicon, Grantham

☆ US stocks face a 50% crash, a 'crypto apocalypse' is coming, and the economy is entering a 'doom loop.' Here are the 10 wildest predictions over the past quarter.
▼ + stars: | 2023-04-10 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +6 min

From stocks to commercial real estate, several parts of financial markets are on shaky ground. Here are the 10 wildest predictions about asset prices and the economy over the past quarter. Grantham said the prices of stocks, bonds, real estate, fine art, and other investments surged to unsustainable highs during the COVID-19 pandemic. Crypto: an 'apocalypse' is coming for digital assets"Dr. Doom" economist Nouriel Roubini isn't hopeful about the crypto industry. "I think it will spread into commercial real estate as banks become more reluctant to lend," Cooperman said.

☆ The Nasdaq 100 just entered a fresh bull market - and a top analyst says tech names look like the new safety trade
▼ + stars: | 2023-03-31 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Those rate forecasts have bolstered tech names, and mega-caps like Apple and Microsoft have pulled the Nasdaq higher. "While it sounds like Twilight Zone comment to many investors, tech stocks have become the new safety trade with Big Tech names a major beneficiary of this dynamic," Ives, a managing director and senior equity research analyst at Wedbush, wrote in a note. "And these tech stocks have been under owned and still remain in that camp in our opinion." Short sellers generated paper profit of $14 billion betting against bank stocks over the last month. Shorting bank names in March produced a "wide swath of profitable trades that returned +17.2% in less than a month," S3 Partners said.

☆ Jeremy Grantham's GMO says now is the time to jump into bank stocks as failures ravage the sector. Here are 2 banks it says are trading at valuations 90% cheaper than historical norms.
▼ + stars: | 2023-03-30 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

Big bank stocks have rarely been cheaper, says GMO's asset allocation team. Two GMO is most bullish on are JPMorgan and Bank of America. Financials-sector stocks have gotten hammered in March amid the failures of institutions like Silicon Valley Bank and Signature Bank, and as UBS hastily acquired a troubled Credit Suisse. The eight GSIBs include: JPMorgan, Bank of America, Citi, Goldman Sachs, BNY Mellon, Morgan Stanley, State Street, and Wells Fargo. While GMO said it couldn't comment on which seven banks it likes, it said they include JPMorgan (JPM) and Bank of America (BAC).

☆ Jeremy Grantham warns the 'everything bubble' is bursting, the S&P 500 could nosedive 50%, and a recession looks certain. Here are the elite investor's 12 best quotes from a new interview.
▼ + stars: | 2023-03-25 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Jeremy Grantham warned the S&P 500 could tank by up to 50% as the "everything bubble" bursts. Grantham advised against holding US stocks for now, and slammed the Fed for inflating asset bubbles. Grantham blasted the Federal Reserve for inflating asset bubbles time and again, and warned investors against holding US stocks in the short run. And yet, the Nasdaq went down 82%, Amazon went down 92%, and the S&P went down 50%. (Grantham was discussing how the the biggest asset bubbles form.)

☆ Nouriel Roubini and Jeremy Grantham sound the alarm for stocks in a new documentary. Here are the bearish market pros' best quotes.
▼ + stars: | 2023-03-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Jeremy Grantham and Nouriel Roubini are well known for their bearish views on the market and economy. In a new PBS documentary about the Fed's decade of cheap money, Grantham and Roubini ring the alarm for stocks. Both Grantham and Roubini offered their views on what the Fed did to markets in the documentary, and what could happen next. Roubini on central banks driving bubbles"We have had literally a few decades of ever-increasing bubbles that have been fed and supported by central banks. The housing market, the stock market and the bond market, all overpriced at the same time.

☆ Stocks are getting a boost from a key indicator that's been a reliable sign of more gains to come
▼ + stars: | 2023-02-03 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

In case you missed it, the European Central Bank Thursday made a half-point interest rate hike, marking its fifth consecutive move as part of its inflation-fighting efforts. Speaking of rates, today we're going over a key economic indicator that suggests more upside ahead for stocks. Ever since the Fed started tightening policy last March, the stock market has been highly susceptible to interest-rate volatility. Specifically, the MOVE Index — which measures volatility of US Treasury yields — has dipped to lows that haven't been seen since the Fed's first rate hike of this cycle. This means potentially smaller swings in the stock market as highly rate-sensitive equities get some relief after big rate moves battered indexes in 2022.

☆ Jeremy Grantham's right-hand man Ben Inker shares 5 trades to start making now for the best returns and smallest downside risk in the cheapest parts of the market
▼ + stars: | 2023-02-02 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

They include:Global Value vs. GrowthEmerging Value EquitiesJapanese Small ValueEuropean Small ValueResource StocksGlobal value and emerging market value stocks carry the most weight in the strategy among these five factors at 20% and 16%, respectively. In fact, he and his firm think some broader equity indices like the S&P 500 may still have big downside. the S&P 500) will deliver negative returns over the next seven-year period. "When markets did decisively turn in 2003 and the S&P 500 gained a gratifying 28.7%, Emerging rose a stunning 55.8%. Perfect timing would have seen investors hold their fire in emerging markets in 2001-02 to hit the very bottom.

☆ Here's how the Fed's rate hike can move markets and whether to expect a central bank pivot
▼ + stars: | 2022-11-02 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

That bank thinks the Fed is going to skirt any talk of a pivot, and opt for continued rate hikes albeit at a slower pace. Goldman Sachs listed three reasons the Fed will carry on with rate hikes:US inflation will remain "sticky" so a pivot won't be justified. Keeping rate hikes going until March 2023 will set up the central bank for a future pivot. US stock futures rise early Wednesday, as eyes turn toward the Fed's rate hike decision later today. Here's what you want to know about the 1920 rule that's still moving markets more than a century later.

☆ Jerome Powell's favorite bond-market gauge is on the verge of inverting, a sign of impending recession. That could mean a Fed pivot within months.
▼ + stars: | 2022-11-01 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

If that happens, it would signal an impending recession and a Fed pivot by the spring of 2024. The Fed chair touted the predictive power of the short end of the yield curve earlier this year. An inverted yield curve is one where interest rates for short-term fixed-income securities are higher than those for longer-term ones. "That's really what has 100% of the explanatory power of the yield curve. The Fed is expected to announce yet another mega-hike of 75 basis points at the end of its October meeting Thursday, which could invert Powell's favorite yield curve.

☆ Wharton professor Jeremy Siegel expects stocks to soar 30% in 2 years - and house prices to tumble 15% from their peak
▼ + stars: | 2022-11-01 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Jeremy Siegel expects US stocks to surge by 20% to 30% over the next two years. The Wharton professor sees interest rates dragging house prices down by 10% to 15% from their peak. Siegel warned the Fed risks causing a recession if it continues to aggressively hike rates. "I'm flabbergasted," Siegel said about the Fed scrambling to cool inflation based on lagging indicators such as rent increases. "What the market is so scared about is there seems to be no limit to their talk: 'Hike, hike, hike, hike, hike," he said.

☆ Jeremy Grantham's firm says it's time to buy into small cap stocks. Here are the themes and companies GMO is most bullish on.
▼ + stars: | 2022-11-01 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Jeremy Grantham's firm GMO just launched a fund targeting "quality" small-cap stocks. Growing fears about a recession weren't enough to stop small cap stocks from having a great month in October. But small caps seem to have some momentum behind them despite rising interest rates and signs of a slowing economy. They say that quality small caps have outperformed small caps in general by 1.8% a year since 1976, and they've beaten a mix of small-, medium-, and large-caps by 2.8% a year in that time. That's a challenge for any investor, but they say it's harder with smaller companies because their competitive edges fade faster.

☆ A 26-year market vet breaks down why investing legend Jeremy Grantham is correct to compare the current market to the 2000 and 2008 'superbubbles' — and warns stocks will fall another 20%
▼ + stars: | 2022-10-15 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

There's little reason for optimism in today's market, Lance Roberts laments. Just look at the barrage of headwinds facing stocks right now, the RIA Advisors CIO said in an October 10 commentary. At the start of this year, investing legend and founder of GMO Jeremy Grantham, said stocks were in their fourth superbubble in the last century given that market valuations had veered from historical norms so drastically. On Friday, Roberts told Insider that he agrees with Grantham's assessments, and that he sees the S&P 500 dropping to around 2,900. One of Wall Street's most bullish strategists this year, BMO's Brian Belski, cut his 2022 price target on the S&P 500 again on Friday to 4,200.

☆ 'Diary of a Wimpy Kid' actor Ryan Grantham sentenced to life in prison for killing his mother
▼ + stars: | 2022-09-23 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Canadian actor Ryan Grantham was sentenced to life in prison after he pleaded guilty to killing his mother in March 2020. He will be eligible for parole after serving 14 years, a spokesperson for the British Columbia Supreme Court in Vancouver said. Prosecutors said Grantham, who starred in "Riverdale" and "Diary of a Wimpy Kid," shot and killed his mother while she was playing piano at their home. Instead of committing these acts, Grantham drove to Vancouver police and admitted to killing his mother, the newspaper reported. Johnson said at the time of the murder, Grantham was dealing with untreated mental health challenges including a major depressive order.

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