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Jeremy Grantham: Current Plunge in Stocks Is Eerily Similar to 1929

"This has been exactly how the great bubbles have broken," Jeremy Grantham said. "It's almost eerily classic."

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Jeremy Grantham Has Long Predicted a Crash Here s Why He Could Be Wrong

Grantham said in 2010 that stocks were in a bubble and could soon "crack." Since then, S&P 500 has risen more than 260%.

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