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Showing posts with label ENTERING THE SUPERBUBBLES FINAL ACT. Show all posts
Showing posts with label ENTERING THE SUPERBUBBLES FINAL ACT. Show all posts

Thursday, September 1, 2022

ENTERING THE SUPERBUBBLES FINAL ACT (JEREMY GRANTHAM, (III))

 

 

 

 Our best guess is that the level of explained P/E will fall toward 15x, compared to the current level of explained P/E of just under 20x, while the actual P/E just rose from 30x to 34x in mid-August in what was probably a bear market rally.