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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23 Sep
2020

Williamson seeks career third Wild West Shootout title

first_imgBy Ben DeatherageEUGENE, Ore. – One of the top contenders to challenge for the fifth annual Wild West Modified Shootout crown is Eugene’s Jesse Williamson.The current Xtreme Motor Sports IMCA Modified campaign has treated him well with four feature wins in only a handful of starts. Two Modified main events have been won in the Modifieds at Cot­tage Grove Speedway while he also has won at the historic 1/4-mile clay oval in a late model.“It has been a good year so far,” said Williamson. “We’ve been fast every time but in a couple of races we’ve broke when contending for the win.”Williamson is the 2012 and 2013 Wild West Modified Shootout champion and is the only driver to repeat a Speedweek crown. Add to his résumé four Cottage Grove Modified Nationals, a Ship­wreck Beads Northwest Modified Nationals crown and last year’s Lon Skinner Memorial victory at Southern Oregon Speedway.He is the all-time leading winner in the history of the Wild West Modified Shootout with six but unfortunately did not manage to win during the 2014 tour. Williamson remains very confident that can return to victory lane during the upcoming Speedweek.“We’ve been working really hard on the car,” he said. “I feel like we are the most prepared we have ever been for a Speedweek.”All seven Speedweek features pay $1,000 to win, a minimum of $100 to start and are Fast Shafts All-Star Invitational ballot qualifying events. Drivers with perfect attendance earn shares of a $3,000 point fund.Teams from Oregon, Washington, California, North Dakota, Montana and British Columbia are expected to make the journey.The tour opens Saturday, June 13 at Southern Oregon Speedway in White City, with following stops Sunday, June 14 at Siskiyou Motor Speedway in Yreka, Calif.; Monday, June 15 at Coos Bay Speedway; Tuesday, June 16 at Cottage Grove Speedway; and Wednesday, June 17 Sunset at Speedway Park in Banks.After a travel day on Thursday, June 18, Speedweek concludes with Friday and Saturday, June 19 and 20 shows at Willamette Speedway in Lebanon.Alex Stanford is the defending tour champion; Brian Poppa topped the inaugural tour standings in 2011.Stanford is second on the Speedweek career wins list with five, followed by Poppa with four, Ken Schrader with two and Mark Carrell, Braedon Hand, Scott Lenz, Travis Peery, Nick Trenchard and Mark Wauge with one eachlast_img read more

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