This Piece of Shit is Back At It Again

[Gregmal]

https://www.cnbc.com/2026/06/26/jeremy-grantham-says-this-is-the-most-expensive-market-in-american-history.html

[Spooky]

Doomers gotta doom.

[Parsad]

He'll be right sooner or later!  Although I'm not sure the "piece of shit" comment is warranted.  He's just stating his belief...no different than the bulls or bears...or Blake and Cubs!

 

Cheers!

[Saluki]

He is right about the premise, but maybe not about the conclusion. Okay, the stock market is overpriced. So put your money somewhere else. Where? Gold and Silver are at all time highs. Buy a house? That's expensive everywhere. Park it in bonds? Those yields are really low. 

 

If you really believe the market is overpriced, and that's a big if, you could add up all your long positions and short S&P index futures in the same amount. That way, you avoided the "buy VTSX and Chill" strategy, and if your stocks crash along with the market, you will still do okay if they don't crash as much as the market. It's the equivalent of that old joke about the two guys who see a bear in the woods and one guy says "run". The punchline is that "I can't outrun the bear, but I can outrun you." 

[Jay Rent]

If you listened to him in 2022 or those who quoted him.   The piece of shit commit is warranted.