Market legend Jeremy Grantham destroys the crypto narrative on CNBC.

🚨 BOMBSHELL! Market legend Jeremy Grantham destroys the crypto narrative on CNBC. He calls Bitcoin a useless speculative mechanism that will inevitably dwindle to absolute zero. He confirms its only real use is allowing crooks to move illicit money without a trace. pic.twitter.com/4H9dPDfSfF — Furkan Gözükara (@FurkanGozukara) June 27, 2026

Jeremy Grantham says outlook for U.S. stocks is as poor as ever, sees initial AI bubble eventually bursting

US stocks are priced for perfection in an “imperfect and dangerous” world, Jeremy Grantham said. Grantham’s worries include overseas wars and weakness, unaffordable housing, and climate damage. The top investor said AI could be bigger than the internet but the initial bubble would likely pop. Stocks are dangerously overvalued and poised to disappoint, the AI bubble is …

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Incredibly resilient market! They will suck in everyone until the implosion…. Gamblers have been conditioned by bailout to ignore risk.

In the last 24 hours: – Mortgage rates hit +8.09%– Credit card interest rate hits record high– Car loan interest rate hits highest since 2001– Oil prices jump highest in 6 months– China planning +$137 billion stimulus– War continues on in Israel But guess what? Stocks are… — Genevieve Roch-Decter, CFA (@GRDecter) October 10, 2023 …

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