Jeremy Grantham Warns U.S. Stocks Could Plunge 70% in the Most Expensive Market in History

Jeremy Grantham, GMO's co-founder and long-term investment strategist, returned to CNBC with one of the bleakest market calls of his career, signaling a sharply bearish view on the outlook. The article is commentary rather than a new policy, earnings, or macro data point, so direct market impact is limited, but it may reinforce risk-off sentiment among investors.

Analysis

Jeremy Grantham, GMO's co-founder and long-term investment strategist, returned to CNBC with one of the bleakest market calls of his career, signaling a sharply bearish view on the outlook. The article is commentary rather than a new policy, earnings, or macro data point, so direct market impact is limited, but it may reinforce risk-off sentiment among investors.