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/biz/ - Business & Finance

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27646584 No.27646584 [Reply] [Original]

Is Jeremy Grantham correct? Are we in the final months before a market crash?

https://www.gmo.com/globalassets/articles/viewpoints/2021/waiting-for-the-last-dance_1-2021.pdf

tl;dr The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. Featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior, this event will be recorded as one of the great bubbles of financial history, right along with the South Sea bubble, 1929, and 2000.

>> No.27646729

yeah.

>> No.27646742

Nope. If the fed lets the market crash and the brrrrrrr stops we enter a crippling deflationary stage. Not gonna happen

>> No.27646790
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27646790

probably

>> No.27646794

>>27646584
Probably and Reddit is going to swear blind until the end of time that they caused it.

>> No.27646822

>>27646584
Probably.

>> No.27646942

>>27646584
>Is Jeremy Grantham correct?
depends on whether it crashes or not

>> No.27647039
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27647039

>>27646584
Kek I hope it does. I want those cheapies.

>> No.27647059

It will never crash due to the civil unrest it will cause. At least put some effort into your thinking and study the long term implications of a great depression like catastrophe.

>> No.27647158

>>27646584
The Fed has never printed this much money and given it away for virtually free before. All bets are off, the old rules do not apply.

>> No.27647394

Bitcoin to 4k and altcoins to 0 again?

>> No.27647557

>>27647394
yes, hopefully
all in fiat currently

>> No.27647563

>>27646794
I mean being the straw that broke the camel's back is a better claim to fame then being the guy on the sidelines screaming for decades that the camel was overloaded while doing fuckall to change the situation.

>> No.27647596

>>27647059
So it will go up until the end?

>> No.27647713

>>27647059
What the fuck kind of circular smooth-brained reasoning is this?
>bad things can’t ever happen because then it’ll be bad

>> No.27647776
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27647776

>>27646584
Honestly? It depends. Everyone seems to be in agreement that the market is completely detached from the reality of the companies it claims to represent.

The problem though is that everyone also seems to agree that the government will BRR it's way out of any stock down turn that arises. So, why would you sell if you're confident that the market will just become increasingly inflated?

>> No.27647857

>>27647394
>>27647557

Who knows. Crypto and fiat all lack intrinsic value currently. It’s all trust-based in the end, and when shit hits the fan people run to perceived safety (what gold used to be I guess)

>> No.27648059

>>27647857
They keyword there is perceived. The ability to actually buy and trade in pm is fucking trash for normies. It looks like the new normal is that whenever there is a panic people just eat their losses and buy toilet paper.

>> No.27648159

>>27646584
yes
>>27646742
the fed’s job is to provide the illusion of support, they can’t prevent a crash. the real brrrrrr begins when this eventually happens and thats why Janet Yellen is treasury sec. recessions are dealt with by collapsing interest rates, if markets crash at 0% a deleveraging of credit has to happen

>> No.27648297

>>27647713
It will not be allowed to happen any time soon because domestic issues are too unstable atm. They could deal with a crash in 2001 and 2007 because the population was largely under control. They overplayed a few things this year so if the envelope really gets pushed it would create uncontrollable chaos, as opposed to a controlled demolition, and that would be unpredictably bad for business. There won't be another economic crisis for awhile, they will continue to print money to prop up the establishment.

>> No.27648349

>>27647713
There has never been a time in history when 99% of the world's population was invested in propping up the same economic system. Countries like the US and China are too big to fail.

>> No.27648840

Anon buy silver