Investor Who Predicted Two Major Market Crashes Calls Bitcoin a “Bubble”

The post Investor Who Predicted Two Major Market Crashes Calls Bitcoin a “Bubble” appeared first on CCN

Jeremy Grantham, co-founder of the GMO investment management firm, wrote in a letter to investors that he believes that Bitcoin, along with the stock market at large, is in a bubble. Famous for predicting the market crashes of 2000 and 2007, Grantham holds that “[a] melt-up or end-phase of [the] bubble within the next 6

The post Investor Who Predicted Two Major Market Crashes Calls Bitcoin a “Bubble” appeared first on CCN

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