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Jeremy Grantham warns AI stocks face a 70% crash, calls bitcoin 'nonsense', urges investing outside US markets.

Market News
25 Jun 2026, 23:30 WIB
Bitcoin
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Bearish
Jeremy Grantham warns AI stocks face a 70% crash, calls bitcoin 'nonsense', urges investing outside US markets.

Jeremy Grantham, a veteran investor, calls the AI market the biggest US investment bubble ever and warns of a potential 70% drop in AI stock prices. He criticizes bitcoin as volatile and useless, predicting it will eventually go to zero. Grantham advises investors to allocate 60% of their savings to non-US equities, especially in emerging markets, and to hold bonds, precious metals, and real estate. He highlights speculative excess in companies like SpaceX and cautions that US stocks are overvalued, urging caution ahead of a possible market downturn.

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