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Daily Archives: February 23, 2022
Inflationary bets now in retreat
From their January 2021 peak, economically-sensitive small-cap stocks are down about 19%. The NASDAQ is -17% from last November, and the average drawdown is 23% so far. The S&P 500 has fallen just over 10%. Canada’s TSX has held up … Continue reading
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Grantham: super bust after FOMO lust
One of the world’s most famous fund managers says Wall Street is a “super bubble” waiting to burst and a “terrible lust” for profits will bring investors undone. Jeremy Grantham is the co-founder of GMO, which claims to have predicted … Continue reading
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