Thread: Jeremy Grantham predicts the US 'superbubble' will pop

It makes for some good reading, but he's been a broken record since 2010. Below are his recommendations from 2012 (I saved some of his older letters). Doing opposite of what he said turned out to be the better trade. Long bonds, long US stocks.

Heavily underweight U.S equities, but not the high quality quartile, which is almost fair price. Non-quality
equities, in contrast, have a negative imputed 7-year return after their handsome rally in the last 3 months through
to mid-February.

Slightly overweight other global equities, which are almost fair price, down from a little cheap at year end.

In total, be about neutral in global equities.

Underweight as much as you dare long-term bonds, especially higher-grade sovereign bonds.

In the long term, resources in the ground, forestry, and agricultural land are attractive, but come with the usual
caveats of the risk of short-term over pricing, so average in.