Jeremy Grantham
GMO
Photo: editorial use
First call on the ledger
No calls filed yet. Quotes in curly quotation marks are verbatim; everything else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.
Where they stand
Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.
Bear
Sell all your US tech stocks; a 70% decline would not be unexpected
Bear
Bitcoin will certainly go to zero (he hedges: in the distant future)
Bear
SpaceX will fail to deliver its prospectus promises (and he owns it)
Bear
Of the Mag 7 AI race, there'll be only one survivor
Bear
Not confident US equities will be intact in 5 to 10 years
Bear
When this bubble breaks, expect a recession among the worst since the Depression (1972 analogy)
Bear
The Mag 7 were seven monopolies; now they fight to one survivor, six of seven lose
The Sunday Standings
One email a week: who got scored, what resolves next, where the records moved. Free.
Before you trust the call, check the record.
Every line on this site is backed by a dated, sourced entry in our records. We write down what public figures predict, then check when reality answers. How we score · Corrections
Pundit Rumble · punditrumble.com · built 2026-07-10 from the records · never hand-edited · not investment advice.
Every line on this site is backed by a dated, sourced entry in our records. We write down what public figures predict, then check when reality answers. How we score · Corrections
Pundit Rumble · punditrumble.com · built 2026-07-10 from the records · never hand-edited · not investment advice.