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Title:Grantham Sees Bubble Signal in Huge Penny-Stock Volumes
Date:22nd January 2021
Description:Jan.22 -- Jeremy Grantham, co-founder and chief investment strategist of Boston’s GMO, points to the trillions of shares traded in penny stocks as the kind of “crazy behavior” indicative of a bubble top in the equity market. He also discusses investors’ misplaced faith in monetary stimulus. Grantham spoke exclusively to Erik Schatzker on Bloomberg’s “Front Row.”
