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If Jeremy Grantham is talking about a US ‘superbubble’, we should listen. The Boston-based fund manager has hard-to-deny evidence to back up his prediction of a ‘wild rumpus’Grantham’s thesis is that US stocks are in a “superbubble”, an upgrade on last year’s diagnosis of “an epic bubble”, and that the US has seen only three other such extreme events in the past 100 years – the Wall Street crash of 1929, the turn-of-the-millennium dotcom mania and the housing market madness of 2006. He isn’t always right, but he is a serious student of markets who called the dotcom and 2006-08 crashes with impressive precision. He’s worth listening to.

If Jeremy Grantham is talking about a US ‘superbubble’, we should listen. The Boston-based fund manager has hard-to-deny evidence to back up his prediction of a ‘wild rumpus’Grantham’s thesis is that US stocks are in a “superbubble”, an upgrade on last year’s diagnosis of “an epic bubble”, and that the US has seen only three other such extreme events in the past 100 years – the Wall Street crash of 1929, the turn-of-the-millennium dotcom mania and the housing market madness of 2006.

If Jeremy Grantham is talking about a US ‘superbubble’, we should listen. He isn’t always right, but he is a serious student of markets who called the dotcom and 2006-08 crashes with impressive precision. He’s worth listening to. 

If Jeremy Grantham is talking about a US ‘superbubble’, we should listen.Grantham’s thesis is that US stocks are in a “superbubble”, an upgrade on last year’s diagnosis of “an epic bubble”, and that the US has seen only three other such extreme events in the past 100 years – the Wall Street crash of 1929, the turn-of-the-millennium dotcom mania and the housing market madness of 2006.

Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets.The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according to data from S3 Partners’ Ihor Dusaniwsky. 

Short sellers are up $114 billion this year with winning bets against Tesla and Netflix. Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets. The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according to data from S3 Partners’ Ihor Dusaniwsky. The stock rout was triggered by a potential policy shift from the Federal Reserve. The central bank has signaled interest rate hikes this year as well as a tapering of asset purchases and a balance sheet reduction. The potential action would mark an aggressive hawkish tilt for the Fed after nearly two years of ultra-easy monetary policy to support the economy from the pandemic.

Short sellers are up $114 billion this year with winning bets against Tesla and Netflix. Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets.The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according to data from S3 Partners’ Ihor Dusaniwsky. 

US suffered worst drop in stock indices. For three weeks into 2022, we see a reversal of fortunes for US stock indices. Nadaq, a darling in 2021, lost 12.0% over three weeks of January 2022. S&P 500 lost 7.7% and Dow Jones Industrial lost 5.7%. At the other end, Hang Seng index was up 6.7%. In 2021, it lost 17.0%. Singapore Straits Times Index (STI) was up 5.5% (2021: negative 3.1%). STI was resilient when the other stock indices were declining. 

Wow, this is quite an ugly performance. 交银国际年度净利下滑54%至64%，股价暴跌22%，市值38亿港元。Hope to see better days ahead in 2022

Nasdaq already in correction mode, down more than 10% since the start of the year.  The meltdown has hit FAANG and many other big name tech counters very hard. A controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.