Wavefront Daily
Today's Brief/Friday, 26 June 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐Ÿ‡ฎ๐Ÿ‡ณ India

Jeremy Grantham Says US Stock Market Is the Most Expensive in American History

CNBCยทFriday, 26 June 2026
Jeremy Grantham Says US Stock Market Is the Most Expensive in American History

Veteran investor Jeremy Grantham warned that soaring valuations driven by AI enthusiasm have made the US stock market historically expensive. He described current conditions as the most expensive market in American history. The warning adds to concerns about a potential correction in global equities.

Why It Matters

When US markets correct sharply, Indian markets rarely escape the fallout โ€” foreign investors often sell Indian stocks to cover losses elsewhere.

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