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Grantham sees a bubble. Here’s where he’s hiding

The famous perma-bear says the artificial intelligence boom could end in tears with markets priced for perfection. Here are five areas he likes instead. 

Jeremy Grantham, the most famous bubble hunter on global markets, says he’s spotted another one, as the artificial intelligence boom pushes the market to levels that make a further rally nearly impossible. And, as usual, he’s predicting it’s all going to end badly.

So far, so Grantham. But this time, the perma-bear has also identified five ways investors can dodge eye-watering valuations and play the long game.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/jeremy-grantham-sees-another-bubble-here-s-where-he-s-hiding-20240313-p5fc4r