Business
Jeremey Grantham of GMO says pessimism termites are eating the markets, writes Chanticleer – The Australian Financial Review
Notorious bear Jeremy Grantham worries several highly speculative pockets of the market have already peaked and the ‘pessimism termites’ could eat away at broader…
His concern covers a broad sweep of asset classes.
Bond markets have never been this high in the history of man. Property is suddenly pretty bubbly in almost every market in the world. Equities are overpriced across the developed world but heroically overpriced in the US.
It wont take bad news to bring this down, it will take a slightly less optimistic outlook than we had last week.
Jeremy Grantham
This world of rising asset prices might look fantastic, but it really only benefits retirees who are…
-
Noosa News24 hours agoReubhan Ralph identified as man behind terrifying childcare centre incident in Peregian Springs on the Sunshine Coast
-
General22 hours agoPolice say new leads being pursued after baby’s body found in Alexander Heights stormwater drain
-
Noosa News8 hours agoMan dies in Brisbane crash, women and girl rushed to hospital
-
Noosa News21 hours agoPolice charge second man over alleged assault in Gold Coast car seller on Facebook’s Marketplace