Jeremy Grantham Says No One Should Invest in the US
Get every episode summarized
Each time Merryn Talks Money publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
About this episode
In 2021, Jeremy Grantham was telling anyone who would listen that global asset markets were in one of the biggest bubbles of all time—and that a reckoning was coming. That reckoning, he says, began the next year.
The co-founder of GMO LLC says that, while this reckoning recently took a break, it’s now back with a vengeance. Grantham joins this week’s episode of Merryn Talks Money to make the case that—as a result—no one should be invested in the US. In particular, he warns of the Russell 2000, with its high level of zombie companies and horrible debt levels. He calls it “the most vulnerable area” to rising rates.
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time Merryn Talks Money publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Merryn Talks Money
Markets Wrap: Bond Market Turmoil, Inheritance Tax and AI risks
Merryn Talks Money
What to Do If Your Mortgage Rate Jumps
Merryn Talks Money
How to Outsmart Your Investing Instincts
Merryn Talks Money
Markets Wrap: The Triple Lock, Bond Yields and Housing
Merryn Talks Money