Jeremy Grantham on WealthTrack: Discussing the Melt-Up Possibility and Emerging Markets

I'm seeing more people calling for a (continued?) melt-up in the stock market. The first one I remember was Jeremy Grantham of GMO in early January.

Grantham was on WealthTrack to discuss this possibility of a melt-up (a true bubble, if you will). Starting at minute 20 he gives his recommendation: buy emerging markets.

 

His early January viewpoint on the possibility of a melt-up:
Jeremy Grantham (GMO): Bracing Yourself for a Possible Near-Term Melt-Up

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