GMO

Jeremy Grantham warned that the AI boom has driven U.S. stocks to a historic valuation peak, citing a market-cap-to-GDP ratio of 235% and highlighting SpaceX's IPO as a potential sign of a market top.

Jeremy Grantham, a GMO LLC co-founder and chief investment strategist, discussed a significant turning point for Big Tech during a Bloomberg Wealth interview with David Rubenstein. The conversation took place in Boston, Massachusetts, US.

Jeremy Grantham, co-founder and chief investment strategist of GMO LLC, discussed identifying market bubbles during an interview on Bloomberg Wealth with David Rubenstein. He is known for establishing one of the world's first index funds in the early 1970s and was recognized in Bloomberg Markets' 2011 Most Influential ranking.

Jeremy Grantham, co-founder and long-term strategist of GMO, discusses identifying the end of market bubbles in a podcast, referencing his memoir and the dot-com bubble. The article notes current market signs of frothiness similar to AI's present excitement.

A security researcher discovered a flaw in Anthropic's Claude Code GitHub Action that allowed attackers to hijack vulnerable public repositories by opening a single GitHub issue. The vulnerability could have enabled malicious code to be pushed into Anthropic's own action repository and downstream projects.

The Federal Reserve's new chief Kevin Warsh plans to shrink the central bank's multitrillion-dollar bond portfolio, which has grown significantly since the 2008 financial crisis. This move may face challenges and could lead to increased mortgage rates and borrowing costs. The Fed's assets have ballooned to nearly $9 trillion at its peak in 2022.