Jeremy Grantham: Super Bubble Bursting, Recession Imminent

I summarize and discuss the latest Jeremy Grantham interview, with Bloomberg Wealth's David Rubenstein, in which the billionaire veteran investor Grantham discussed the super bubble he currently sees deflating the US stock market. Grantham believes the deflating of the super bubble is now being prolonged by a new artificial intelligence (AI) mini bubble, but that the US stock market crash will continue, leading into a US economic recession lasting deep into 2024. Timestamps: 00:00 Jeremy Grantham interview intro 00:39 Grantham the financial doomsday oracle - predicting market bubbles 01:42 Deflating of the super bubble leading to recession 02:42 Learning to identify and resist a stock market bubble 04:11 2021 tech bubble: one of the great stock market bubbles 04:42 Will there be a US recession in 2023 or 2024? 05:51 AI bubble pausing the super-bubble bust  06:19 Will Jeremy Grantham be right or wrong? Related episodes Jeremy Grantham: AI Boom Pauses Super-Bubble Bust  https://youtu.be/ATP0GGON2B0 Investor Jeremy Grantham: Super Bubble Enters Final Phase https://youtu.be/tTFO3Qn5e20 Investor Seth Klarman on the Everything Bubble https://youtu.be/C4rs2M_lOKw Stan Druckenmiller Still Predicts Hard Landing Recession https://youtu.be/8Ue-etn4E74 The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 Using a referral link helps support the show, thanks! I use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (referral link): http://tikr.com/theartofvalue Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.