Reply to thread

Message

<blockquote data-quote="Wally" data-source="post: 5864155" data-attributes="member: 46212">In his latest research report, Grantham <a href="https://www.gmo.com/americas/research-library/the-great-paradox-of-the-u.s.-market_viewpoints" target="_blank">focused on</a> the extremely bullish sentiment of the U.S. stock market, underscored by the Shiller P/E Ratio — a key valuation measure for the S&amp;P 500 — standing at 34 as of Mar. 1. This places it in the top 1% historically, a position Grantham views with caution due to the historical rarity of sustained market rallies from such a valuation.“The only bull markets that continued up from levels like this were the last 18 months in Japan until 1989, and the U.S. tech bubble of 1998 and 1999, and we know how those ended,” he remarked.[URL unfurl=&quot;true&quot;]https://www.businessinsider.com/jeremy-grantham-market-forecast-overvalued-stocks-ai-bubble-crash-recession-2024-3[/URL]</blockquote>

[QUOTE="Wally, post: 5864155, member: 46212"] [I][SIZE=6][FONT=times new roman]In his latest research report, Grantham [URL='https://www.gmo.com/americas/research-library/the-great-paradox-of-the-u.s.-market_viewpoints']focused on[/URL] the extremely bullish sentiment of the U.S. stock market, underscored by the Shiller P/E Ratio — a key valuation measure for the S&P 500 — standing at 34 as of Mar. 1. This places it in the top 1% historically, a position Grantham views with caution due to the historical rarity of sustained market rallies from such a valuation.[/FONT][/SIZE][/I] [SIZE=6][FONT=times new roman][/FONT][/SIZE] [I][SIZE=6][FONT=times new roman]“The only bull markets that continued up from levels like this were the last 18 months in Japan until 1989, and the U.S. tech bubble of 1998 and 1999, and we know how those ended,” he remarked.[/FONT][/SIZE][/I] [URL unfurl="true"]https://www.businessinsider.com/jeremy-grantham-market-forecast-overvalued-stocks-ai-bubble-crash-recession-2024-3[/URL] [/QUOTE]

Verification