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Home Business News ‘Frogs in boiling water’: Urgent warning for 50% market drop

‘Frogs in boiling water’: Urgent warning for 50% market drop

A graph showing large selling of global stock markets, crashing in 2020 on global fears including a pandemic and oil prices. 3D illustration
Trouble lies ahead, experts are warning. Image: Getty

The COVID-19 crisis has ripped normality from stock market movements and investors need to be aware of the danger they’re in, famed investors are warning. 

Investment legend and co-founder of Grantham, Mayo & van Otterloo, Jeremy Grantham has sounded the alarm over investors’ “euphoria”, warning that they shouldn’t get carried away. 

Grantham told CNBC that Wall Street is in a bubble, noting that 280 million shares were traded in November…

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