The Future: Markets, AI & Climate Change with Jeremy Grantham
Episode description
Jeremy Grantham, investment legend and long-time value investor, warns of a bubble of "epic proportions" in the bond, stock, housing, and commodities markets.
Grantham, who has accurately predicted market bubbles in the past, believes that the current market is overvalued and due for a correction. He cites three factors that are contributing to the bubble: low interest rates, easy credit, and excessive speculation.
Grantham also discusses his views on climate change, bursting market bubbles, and artificial intelligence. He believes that climate change is the most important issue facing the world today, and that artificial intelligence could have a major impact on the future of the economy.
WEALTHTRACK 2001 originally broadcast on June 30, 2023
Burt Malkiel: 50th anniversary of A Random Walk Down Wall Street: The Best Investment Guide that Money Can Buy - https://amzn.to/3NXtm1q
Charles Ellis: Winning the Loser's Game: Timeless Strategies for Successful Investing - https://amzn.to/3XzC0WJ
Robert Aliber: Manias, Panics and Crashes: A History of Financial Crises - https://amzn.to/3JDIuhK
Niall Ferguson: The Ascent of Money: A Financial History of the World - https://amzn.to/3NBtySv