Grantham Sees Bubble Signal in Huge Penny-Stock Volumes

Record ID: 484489
  • 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.”
  • Collection: Bloomberg
  • Genre:News
  • Transmission Date:22/01/2021
  • Decade: 2020s
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