01\/24\/22 - Is the stock market overvalued? Have we reached the pinnacle of the equity market? A few years ago, stock legend and fund manager Jeremy Grantham turned from a stock bull to a vocal equities bear, and he is now predicting that the US 'superbubble' will pop, wiping out $35 trillion in stocks and housing. He is quoted as saying “The equity bubble… has now been joined by a bubble in housing and an incipient bubble in commodities. Avoid US equities and emphasize the value stocks of emerging markets and several cheaper developed countries, most notably Japan. Speaking personally, I also like some cash for flexibility, some resources for inflation protection, as well as a little gold and silver.