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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16 Sep
2020

Football: Here’s Wisconsin’s only highlight from the Big Ten Championship game

first_imgIt’s a day that will go down in infamy for the Wisconsin football team, but thanks to a caring Ohio State fan, Badgers supporters now can reflect on that fateful December Saturday in a slightly positive light.It must have taken a lot of digging to find Wisconsin’s best moments from the 2014 Big Ten Championship, but someone who loves rubbing it in had enough time on his or her hands to put together this short reel of Wisconsin’s finest minute from Ohio State’s 59-0 thumping of the Badgers.The term highlights is a bit of a misnomer because there was really only one highlight.Here it is:In case that brought back bad memories, here is the missed field goal that helped Wisconsin defeat Auburn in the Outback Bowl and salvage some dignity.Almost makes you want to dance now.last_img

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