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GRANTHAM: M&A To Fuel Stock Market Bubble – Business Insider

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 […]