The market will peak and drop back to trend, and getting back to trend from current levels implies a decline closer to 70% than 50%.
forecastpending
Speaker
Jeremy GranthamEvidence Quote
“getting back to trend from here is closer to a 70% decline than a 50% decline”
Source
Billionaire investor Jeremy Grantham: This is the most expensive market in American history— CNBC TelevisionCreated: 7/5/2026, 11:28:50 PM
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