# Jeremy Grantham: The Most Expensive Market in American History 6/26/26

Page: https://stenobird.com/podcast/squawk-pod-254103/jeremy-grantham-the-most-expensive-market-in-american-history-6-26-26
Text version: https://stenobird.com/podcast/squawk-pod-254103/jeremy-grantham-the-most-expensive-market-in-american-history-6-26-26.md
Podcast: [Squawk Pod](https://stenobird.com/podcast/squawk-pod-254103)
Published: 2026-06-26T17:22:00+00:00
Episode link: https://www.cnbc.com
Audio file: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/2abef7ca-625f-4c74-9157-968d7da67c81/episodes/0adab0de-ed69-4849-9468-dba7329643a3/audio/128/default.mp3?aid=rss_feed&awCollectionId=2abef7ca-625f-4c74-9157-968d7da67c81&awEpisodeId=0adab0de-ed69-4849-9468-dba7329643a3&feed=VHAcgaw_
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JSON: https://stenobird.com/v1/public/podcasts/squawk-pod-254103/episodes/jeremy-grantham-the-most-expensive-market-in-american-history-6-26-26
Duration seconds: 2471

## Resource

Investing legend Jeremy Grantham founded one of the first index funds in the 1970s, and in a special Squawk interview, he’s issuing a warning to investors. A permabear, Grantham expects a market decline of 70%, and he’s counseling his team to avoid U.S. stocks. Plus, OpenAI may wait until 2027 to IPO, and Apple is hiking product prices, thanks to rising costs of memory chips. Jeremy Grantham - 16:00 MacKenzie Sigalos - 41:55 In this episode: MacKenzie Sigalos, @KenzieSigalos Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

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## Transcript

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