Monday, August 2

Equities

Equities, Jeremy Grantham, Markets, MI Exclusive, Stock Market Outlook, stock market outlook 2021, Stocks, stocks overvalued, stocks record highs, US Stock Market

Jeremy Grantham’s GMO says stocks are overvalued by every metric, but there are 3 strategies investors can use to weather a crash

Jeremy Grantham cofounded the asset management firm GMO. Boston Globe/Getty Images Stocks worldwide are expensive and US stock valuations are at concerning levels, Jeremy Grantham's firm. GMO defended its view from bears on social media who are frustrated by the firm's negative outook. GMO sees negative returns for 10 of 11 asset classes over the next seven years. See more stories on Insider's business page. Billionaire Jeremy Grantham's investment firm says stocks are too pricey, outlining their view as US equities sit at record highs, with the team offering their advice on how to navigate through what they call a global growth bubble. "Global equity markets rallied impressively in the quarter, pushing some year-to-date numbers into double-digit territory only halfway through...
Analyst Notes, Equities, Finance, stock market, stock market 2021, Stock Market Analysis, Stock Market Outlook, stock market outlook 2021, Trading, weekend BI US

These are the stocks to own in the second half of 2021 as markets navigate higher interest rates, according to Goldman Sachs

Investors should not expect another strong six months for stocks after the S&P 500 finished the first half of the year up about 15%, Goldman Sachs said in a note on Friday. Instead, the stock market is likely to consolidate sideways for the next six months as investors navigate higher interest rates. With the 10-year US Treasury yield currently at 1.43%, Goldman expects it to climb to a cycle-high of 1.9% by the end of the year.That expected surge in interest rates will likely weigh on high growth stocks and benefit cyclical stocks, the bank said. To benefit from the market setup going into year-end, Goldman recommends investors buy stocks that have short duration, high growth investment ratios, and ...