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Stocks face 50% freefall in ‘meat grinder,’ investor Jeremy Grantham says

Por: New York Post Business January 25, 2023

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The stock market is set to go “back to the meat grinder” this year despite a recent minor rally, with the broad-based S&P 500 potentially plummeting by 50% in a worst-case scenario, famed investor Jeremy Grantham warned Tuesday. Grantham, the 84-year-old co-founder of Boston-based asset management firm GMO, that the “first and easiest leg of the bursting of the bubble” in US stocks is now “complete,” with “the most extreme froth”... + full article



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