Legendary investor Jeremy Grantham says Biden's $1.9 trillion stimulus plan will make the stock mark

Jeremy Grantham reiterated his stock market bubble concerns in a recent Bloomberg interview.

He said Biden's $1.9 stimulus package will make the bubble even worse.

Grantham said a portion of the stimulus will end up in stocks, instead of aiding production and capital costs.

Legendary investor Jeremy Grantham says Biden's $1.9 trillion stimulus plan would make the stock market bubble even worse

 

That is the reason that Wall Street and big business favored Biden—to pump up the stock market. Also, the Military Industrial Complex favored Biden because they want war, maybe in Syria.