Jeremy Grantham's New Warning For 2023 Recession "Phase 2 Is About To Start Don't Make This Mistake"

Jeremy Grantham's New Warning For 2023 Recession "Phase 2 Is About To Start Don't Make This Mistake"
Longtime market investor Jeremy Grantham explained his predictions about stock market for the year 2023 and according to his perspective, 2023 and next couple of years are very concerning. Grantham said that the ongoing super bubble is bursting and first leg of the bursting of the bubble is almost complete.
Grantham estimated that the next phase is brutal and can cause a decline of 70 percent in stock market. In his recent memo he said a variety of factors including global housing market, the inverted yield curve on treasury bonds and many others can bite hard on stock market.
In this video, we are going to explain what actually Grantham's predictions about stock market mean to the average investors of today.
In his recent memo, Grantham explained there are several stages of economic cycles. Grantham believes that stocks are now in the midst of a super bubble.
He noted that US stocks have experienced four such super bubbles over the past 100 years. He further explained the formation process of present super bubble in the stock market.

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