- Analytics
- News and Tools
- Market News
- Market is in a bubble with ‘very seldom seen levels of investor euphoria’ - Jeremy Grantham
Market is in a bubble with ‘very seldom seen levels of investor euphoria’ - Jeremy Grantham
CNBC reports that Famed investor Jeremy Grantham reiterated his warning that Wall Street is in a bubble as individual traders get “carried away.”
“They’re becoming euphoric … They’re borrowing money. They’re trading more shares,” Grantham, co-founder and chief investment strategist at Grantham, Mayo, & van Otterloo told CNBC.
In recent months, Grantham has warned that the massive runs on Wall Street are turning into an “epic bubble.”
On Thursday, Grantham pointed to the number of over-the-counter shares traded since last February rocketing to 280 million shares in November and quadrupling to 1.15 trillion shares in December.
“We have very seldom seen levels of investor euphoria like this,” he said, referring to individual investor speculation, rather than institutional.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
