Apr
27

Coping With The Current Saturn Neptune Opposition: Legendary Investor, Jeremy Grantham Says “All the World’s a Bubble”

Outtakes and Various Other Sundries…

street.comThis is a Saturn Neptune headline if I have ever seen one. From TheStreet.com:
Jeremy Grantham: All the World’s a Bubble

Brett Arends writes:

“How high will the Dow go? 15,000? 20,000?

How about 36,000?

While euphoria sweeps stock markets here and worldwide, there are at least a few voices of dissent.

One, unsurprisingly, is legendary value investor Jeremy Grantham — the man Dick Cheney, plus a lot of other rich people, trusts with his money.
-snip-
Grantham says we are now seeing the first worldwide bubble in history covering all asset classes.

Everything is in bubble territory, he says.

Everything.”

Do you agree? Think we’re living in a hologram? Think we’re in denial and that the veil is going to drop?


2 Responses to “Coping With The Current Saturn Neptune Opposition: Legendary Investor, Jeremy Grantham Says “All the World’s a Bubble””

  1. kashmiri says on 4/27/07 at 9:36 pm:

    Ah, the veil never drops. We wake up, and we are somewhere new..and some (oh, Pisces! I’m talkin’ to you!)..of us already know that reality itself is a debatable concept

  2. Laura Elizabeth says on 4/28/07 at 8:28 am:

    I’ve been waiting for the global bubble to burst for two years and nada… nothing. Dow 15K? Yeah. 36k? No. But where will we be in 6 months? Not a clue. The volitity is scary and no one really knows where anything is going. The financial markets are on a rollercoaster - whether anyone is in control of it, I don’t know.

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