Jeremy Grantham, "We’ve popped all of the bigger bubbles"

By on December 20, 2008

David Gaffen at the Wall Street Journal reports that Jeremy Grantham believes we could see a rally that lasts until spring and it will be strong enough to convince 75% of investors that the bear market is over. However, Grantham expects more pain after the rally and still expects the bear to overshoot to the downside; well below his fair market value estimates.


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