Jeremy Grantham

This Week with J. Mark Nickell & Co. – August 6, 2014

U.S. economy returns to growth after winter downturn.  The U.S. economy grew at a seasonally adjusted 4% in the second quarter, according to numbers released last week from the Commerce Department, topping most economists’ forecasts.  This was a nice rebound from the first quarter’s steep contraction of 2.1%--the worst single quarter downturn in five years.

This Week with J. Mark Nickell & Co. – March 26, 2014

What is an investor to do in the face of mounting evidence of an overvalued market? This question was posed by a handful of clients this week in response to last week’s blog highlighting that investors currently are downplaying risk; that several valuation measures are flashing caution warnings; and that investors should be prepared for

This Week with J. Mark Nickell & Co. – December 4, 2013

Are we in a bubble?  A few clients have asked this recently—a natural one with the major indexes reaching new highs.  The short answer: we’re probably not in a bubble, but cautious investors should consider reducing their equity bets.  The stock market is high because corporate profits are high, and stock prices ultimately are driven