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      "body": "Bubble expert Jeremy Grantham predicts a huge decline in stocks, tears into bitcoin, and slams the Fed in a new interview. Here are the 10 best quotes.\n\n![image.png](https://cdn.steemitimages.com/DQmUjxeFN4BaMuJP4Bhvzikwfncx7f1WW2fnjpCcbwRg5oA/image.png)\n\n\nJeremy Grantham rang the alarm on a multiasset bubble in the US, predicted a brutal decline in stocks, and said he would celebrate bitcoin's demise, speaking on a recent episode of the \"We Study Billionaires\" podcast.\n\nThe veteran investor, market historian, and GMO cofounder also tore into the Federal Reserve, cautioned against betting on commodities, and praised Tesla but ridiculed its peak valuation during the interview.\n\nHere are Grantham's 10 best quotes, lightly edited for length and clarity:\n1. \"There's nothing as quick and spectacular as a bear market rally. With hindsight they signify very little, but at the time they frighten the pants off bears and they give hope that all is over, all is forgotten, and it's back to the races.\" (Grantham suggested the current rebound in stocks could continue into September.)\n\n2. \"In terms of the entire bear market, it would be unusual for it to bottom out anywhere near this high. I would expect that by the low, the S&P would have declined by 50% from the peak in real terms.\"\n\n3. \"I don't include the classic FANGs as being in the super speculator category. I think you could throw Tesla in at its peak, that was super speculative — great company, but a bit of a silly price there.\" (Elon Musk's electric-vehicle company commanded a market capitalization north of $1.2 trillion in January.)\n\nAdvertisement\n\n4. \"It's hard in a bull market to get your brain around what happens in a bear market. Amazon, in the 2000 burst, came down 92% with rising sales — a brilliant, successful new idea that went on to own the world and be worth a fortune.\"\n\n5. \"Bitcoin is not a good reserve of value, as we've seen. It's terrible for a currency exchange. It's expensive to transact, but worst of all, it is deadly to the environment. It's incredibly energy intensive to give you a speculative instrument to wager on, that's it. The fact that it takes our precious energy and has a carbon footprint is the worst crime of all, and the sooner it goes away, the better.\"\n\n6. \"As a speculative instrument, it's made a lot of money for a couple hundred people who got in early with a lot. Most of the other people playing it have now lost money, we know that. It's the same old, same old where the rich get richer and the poor get poorer, so any attempt to spin this as an equalizer is just that, it's pure spin.\" (Also on bitcoin.)\n\n7. \"It is dangerous to get involved in a bubble that has more than one asset class — bonds, housing, stocks, and commodities. They give you much greater pressure on recessionary forces, and we are playing with fire this time.\" (Grantham noted that Japan faced a multiasset bubble in 1989, and its equity and housing markets still haven't recovered.)\n\n8. \"I expect the Fed to be behind the curve, to be deep into optimism. It doesn't really have a clue about market bubbles, and the damage they do when they break. If I'd been asked to bet, 'Would the Fed get inflation wrong when inflation came along?' At any time I would have said, 'Of course they'll miss it, they'll be late, their responses will be pretty ill-judged.' The Fed's record is terrible.\"\n\nAdvertisement\n\n9. \"The world is much better off with moderately high interest rates. You get money on your savings, people don't speculate as much, they don't leverage as much, the risk in the system declines. You can afford to buy a house at lower prices, and you can afford to buy stocks and build a portfolio.\"\n\n10. \"Value managers have always hated commodities. They're about as unpredictable as anything on the planet. If you go short, you die a thousand deaths, and if you go long, it's pretty much as bad. I certainly don't recommend people to go short metals. If you can go long and throw the key away, I think that will do just fine. It does take nerves of steel, and you better have a good look at your nerves before you do it.\n\n\nA cryptocurrency video course for beginners from an ex-Agora guru now publishing independently.\n\nHigh quality content, great conversions and happy customers.\nLink -https://www.digistore24.com/redir/325658/Kohar007/",
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      "body": "Exercising regularly, every day if possible, is the single most important thing you can do for your health. In the short term, exercise helps to control appetite, boost mood, and improve sleep. In the long term, it reduces the risk of heart disease, stroke, diabetes, dementia, depression, and many cancers.\n\nArticles\nReady, set, hike! featured \n![image.png](https://cdn.steemitimages.com/DQmXFtSjmqh9tyaQRbWZMrn24EsctPH6QdVgHVKUnS9MZMo/image.png)\n\nEXERCISE & FITNESS\n\nReady, set, hike!\nStrong legs help power summer activities: Hiking, biking, swimming, and more featured \n\n![image.png](https://cdn.steemitimages.com/DQmWPhdP8fASKrM6yyTWZJbCstnjJjDkiRE7FsvN6TxCVsu/image.png)\n\nEXERCISE & FITNESS\n\nStrong legs help power summer activities: Hiking, biking, swimming, and more\nKeep exercise-related injuries from derailing your workouts featured \n\n![image.png](https://cdn.steemitimages.com/DQmTkv9opWxP5KRk2mDx1pm7hT4cGxokN6xk35PRsy5b6Wp/image.png)\n\n\nEXERCISE & FITNESS\n\nKeep exercise-related injuries from derailing your workouts\nHyperbolic Stretching for Women link -https://www.digistore24.com/redir/418493/Kohar007/",
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      "body": "Introduction\nIf you've been trying to lose weight for a while, you're certainly not alone. Like many people, you've probably even tried a few fad diets before realizing they don't work (at least not for long).\n\nIt’s important to remember that achieving a healthy weight is often a marathon, not a sprint.\n\nBefore beginning your weight loss journey, you want to be informed about the safest and most effective ways to meet your goals.\n\nHere, you'll find information about the best foods for weight loss, ones that not only taste good but are also good for you.\n\nYou'll also learn about how weight loss diets should be tailored to fit your lifestyle and the foods you want to eat.\n\nYou probably have a lot of other questions, as well. What's an appropriate portion size? What's the Keto diet and can it help keep the weight off? Can I still snack if I am on a weight-loss program?\n\nRead on to learn about the wide variety of weight management tools at your disposal.\n\nBe sure to speak with your healthcare provider (HCP) before starting any new diet or exercise program so you’ll have all the information you need.\n\nSnack foods and weight loss\nIf the thought of having to give up your favorite snacks has you avoiding diets, read on to find some of the best snack foods for weight loss. You’ll be surprised to learn there are still some yummy treats on the menu that won’t leave you longing for more.\n\nPortion control and weight loss\n\n\n![image.png](https://cdn.steemitimages.com/DQmc2HGJtjeNiCkXCJQrCo5n74E6J618KwMKhs7ygdPhbm2/image.png)\n\nA to-go container with a sandwich, vegetables, and healthy nuts.\nHave you ever looked at the packaging on food and wondered what a serving size is? What about when the waiter brings your plate? Portion sizes may not be what you think they are. Find out how to use serving size and portion control while following a weight management program.\n\nDiet plans and weight loss\nDoes it seem like everyone you know is on the Keto diet? Or maybe they're going low-fat? Vegan? Organic? Is there such a thing as a \"best diet\" when it comes to weight loss? Learn about different types of weight-loss diets, as well as their pros and cons.\n\nWelcome To The Lean Belly 3X// https://www.digistore24.com/redir/370257/Kohar007/\n\nYo-Yo dieting and weight loss\n\n\n![image.png](https://cdn.steemitimages.com/DQmc2HGJtjeNiCkXCJQrCo5n74E6J618KwMKhs7ygdPhbm2/image.png)\n\n\nWoman cheating on her diet and enjoying a cheeseburger, fries, and a soda.\nYour weight goes up. You go on a diet. Your weight goes down, but the feeling of deprivation causes you to return to your previous eating habits. So your weight starts to creep back up… and here comes another diet. Does this sound familiar? If so, read on to find out how yo-yo dieting may be doing more damage to your body than you realize.",
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