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Jeremy Grantham Calls This the Most Expensive US Stock Market Ever
CNBCยทSunday, 28 June 2026

Veteran investor Jeremy Grantham says soaring AI-related valuations have made the US stock market more expensive than at any point in American history. He cited the boom in AI stocks as the key driver of what he sees as a dangerous overvaluation.
Why It Matters
Global markets including India's often follow the direction of US stocks. If Wall Street corrects sharply, Indian equities and foreign investment flows could be affected.
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