#jeremy grantham Tech News.
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Jeremy Grantham warned the AI boom pushed U.S. stocks to a historic valuation peak. The investor cited extreme overvaluation driven by artificial intelligence enthusiasm. Grantham has a track record of predicting major market corrections.
Jeremy Grantham, co-founder of investment firm GMO, said bitcoin is a useless, speculative asset without intrinsic value. He predicted the cryptocurrency will gradually fade into irrelevance over decades, not with a bang but a whimper, and questioned its practical use and stability.
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