TSX:OGC - Post Discussion
Post by
psych01 on Jan 20, 2022 4:43pm
Re: Jeremy Grantham predicts selloff
“They will try, they will have some effect,” he added. “There is some element of the put left. It is just heavily compromised.”
Under these conditions, the traditional 60/40 portfolio of stocks offset by bonds offers so little protection it’s “absolutely useless,” Grantham said. He advises selling U.S. equities in favor of stocks trading at cheaper valuations in Japan and emerging markets, owning resources for inflation protection, holding some gold and silver, and raising cash to deploy when prices are once again attractive. IMO
Be the first to comment on this post