Jeremy Grantham warned the AI boom has pushed U.S. stocks to a historic valuation peak
The GMO co-founder pointed to a market-cap-to-GDP ratio of 235% and called SpaceX's IPO a potential sign of a market top
Overview
The GMO co-founder pointed to a market-cap-to-GDP ratio of 235% and called SpaceX's IPO a potential sign of a market top
Source
Originally published at qz.com.
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