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Grantham Predicts Prolonged US Recession Stretching Into Next Year

Jeremy Grantham, co-founder of the Boston-based investment firm Grantham Mayo Van Otterloo (GMO), predicts a US recession "running perhaps deep into next year." Grantham says we have entered a period of "moderately higher inflation." Grantham speaks in an interview taped on August 17th for an upcoming episode of "Bloomberg Wealth with David Rubenstein." -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Grantham Sees a US Recession Running Deep Into Next Year Investor Jeremy Grantham has recently made waves by predicting a prolonged recession in the United States that will carry on deep into next year. His forecast comes at a time when t