"Elite Investor Warns of AI Bubble Burst and Recession Amid US Stock Warning"

1 min read
Source: Markets Insider
"Elite Investor Warns of AI Bubble Burst and Recession Amid US Stock Warning"
Photo: Markets Insider
TL;DR Summary

Jeremy Grantham, a veteran investor, warns that US stocks are overvalued and likely to struggle, while also predicting a minor recession or worse for the economy. He believes that the AI bubble is destined to burst and that foreign wars pose a threat, especially with asset prices at record highs. Grantham recommends avoiding US stocks and suggests seeking out undervalued assets in emerging markets, depressed sectors, and growth areas like climate-change solutions.

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