If the Greek stock market, bond market and GDP disappeared
Posted June 4, 2015 by Joshua M Brown
But there are important distinctions to be drawn between the current impasse and previous ones. If Greek equities, Greek bonds and Greek GDP disappeared, it would certainly be a tragedy, but not of epic and globally destructive proportions.And it is more likely that Greece […]
Morningstar.comJeremy GranthamYou could argue that Jeremy Grantham is bullish.In a new quarterly letter to GMO clients, the gloomy veteran fund manager predicts the S&P 500 could see another 10% surge from the 2,041 level we’re at today.”My personal fond hope and expectation is still for a market that runs deep into bubble territory (which starts… at 2250 on the S&P […]
Chris Sheridan: The year 2016 will see a number of important events: the US presidential election, the Summer Olympics, and, according to a growing number of market analysts, another financial crisis.Why? What’s so special about 2016? That’s the interesting thing—they all have different reasons.First, I have to admit, I didn’t realize this pattern until it reached a certain level of blatant […]
The year 2016 will see a number of important events: the US presidential election, the Summer Olympics, and, according to a growing number of market analysts, another financial crisis.Why? What’s so special about 2016? That’s the interesting thing—they all have different reasons.First, I have to admit, I didn’t realize this pattern until it reached a certain level of blatant obviousness […]
Bloomberg TVJeremy Grantham
Jeremy Grantham has published his latest quarterly letter to GMO clients.
In it, he continues to deliver his message of caution, warning that the stock market is expensive and is priced to deliver paltry returns for years to come.And he continues warn that we are heading for a bubble.”[M]y recent forecast of a fully-fledged bubble, our definition of which […]
There are many ways to assess the state of the stock market.You could take the fundamental approach and consider a wide array of variables to derive an actual value based on projected profits and cash flows. You could take the technical approach and consider price chart patterns.You could also focus on sentiment, which is somewhere in between the fundamental […]
Authored by David Hay, CIO of Evergreen Gavekal,“We’ve gone back into this kind of a foie-gras bubble environment. We’re all being force-fed risk assets. It’s an unpleasant experience when you’re playing goose to the central bank farmer.” -James Montier, strategist at elite money manager, GMO
“Unless countries come together to take the right kind of policy measures, we could be facing […]
