20 Nov
2020

Jeremy Grantham reiterates bubble call, calls Covid rally truly crazy

first_img“You want to see lots of crazy behavior, which we really have seen a lot of” since June 17, Grantham added, which was when he first told CNBC that he was witnessing the fourth major bubble of his career. “And you want to see not just the market rise, but if anything, an acceleration. And the rate of market rise, since the turn in March/April, has been nothing sort of sensational.” – Advertisement – Jeremy Grantham, co-founder and chief investment strategist of Grantham Mayo van Otterloo, speaks at the ReSource 2012 conference in Oxford, England.Getty Images – Advertisement – (This story is for CNBC Pro subscribers only.)Investor Jeremy Grantham doubled down on his belief that the U.S. stock market is in a bubble, telling CNBC that many aspects of its recovery from pandemic lows have been “truly crazy.”“The more spectacular the rise and the longer it goes, the more certainty one can have that you’re in the ‘Real McCoy’ bubble,” Grantham said in an interview that aired Thursday on “Closing Bell.”- Advertisement –last_img read more

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20 Sep
2020

Officials launch page to file social distancing complaints about businesses

first_imgWith businesses reopening across Florida and social distance measures still in place, many are wondering how they can report businesses not enforcing executive orders to their customers.Officials have added a page on the My Florida license website where consumers can do just that.The website features a list of executive orders and a breakdown on what each one allows or prohibits.Users are encouraged to read through the orders before filing a complaint and explanation of that complaint.The website asks you to leave your name and email, however, you can always remain anonymous.Click here to visit the website MyFloridalicense.com.last_img

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