In a recent research note, BlackRock CIO Tony DeSpirito wrote that higher quality stocks are trading at their largest valuation discount to the broader market since the dot-com bubble of…
Day: July 13, 2021
Grantham on the “Fantasy Trip” of Meme Investing
Fed policies, “speedy stimulus” and success with Covid-19 vaccinations have led to the “biggest U.S. fantasy trip of all time” for investors, says GMO co-founder Jeremy Grantham. This according to…