equity valuations
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jul 8, 2021 by Jeremy Grantham · across every show →
Everything said about equity valuations, oldest first
Jul 8, 2021 bearish
Grantham: High-PE markets face substantial declines once confidence breaks
“High PEs are an intrinsically nervous and risky situation where everything is confidence. If you break confidence for any reason, it could be uniquely different this time, It has been quite different in each of the bubbles, but if you break confidence and you'…”