GMO strategist Montier warns markets are in a 'cynical bubble' that 'greedy' investors don't want to miss out on

'Fully invested bears'

Tom Eckett
clock • 2 min read

James Montier, strategist and member of the asset allocation team at GMO, has said a "cynical bubble" in markets has been created, where investors pile into equities through fear of missing out on returns.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Market Movers blog: Gilt yields movements add to Bank of England rate hike pressure

Market Movers blog: Gilt yields movements add to Bank of England rate hike pressure

Latest news and analysis

Investment Week
clock 15 September 2026 • 1 min read
Fixed income managers cut US Treasury duration over yield curve concerns

Fixed income managers cut US Treasury duration over yield curve concerns

Equities remain resilient

Michael Nelson
clock 11 September 2026 • 5 min read
ECB raises rates to 2.5% in Middle East conflict 'balancing act'

ECB raises rates to 2.5% in Middle East conflict 'balancing act'

25bps increase

clock 10 September 2026 • 3 min read
Trustpilot