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Jeremy Grantham Warns U.S. Stocks Could Plunge 70% in the Most Expensive Market in History
GMO co-founder Jeremy Grantham warns that US equities are in the most expensive market in history. He predicts a potential 70% decline as the AI-driven bubble bursts. Grantham advises investors to flee US stocks and diversify their allocations.
What changed
Grantham now predicts a market crash likely within two years and compares potential AI giant losses to Amazon's dot-com drop.
Live updates
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Jeremy Grantham Predicts 70% US Stock Market Crash Driven by AI Bubble
confidence 90%GMO co-founder Jeremy Grantham warns that US equities are in the most expensive market in history. He predicts a potential 70% decline as the AI-driven bubble bursts. Grantham advises investors to flee US stocks and diversify their allocations.
What's confirmed:
- Jeremy Grantham is the co-founder of GMO.
- Grantham warns of a potential 70% plunge in US stocks.
- The current US market is described by Grantham as the most expensive in American history.
- Grantham attributes the current market bubble to AI.
- GMO manages approximately $85 billion.
Still unconfirmed:
- AI giants could see a 92% drop similar to Amazon's dot-com path.
- The stock crash is likely to occur within two years.
- Investors will lose their shirts in AI.