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The Tell: Legendary investor called this stock market a ‘Real McCoy’ bubble, and now Jeremy Grantham’s fund is trailing the S&P 500 by 14 percentage points

Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., has seen his fund badly trail the broader stock market in 2020.

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Banks and oil companies weigh on FTSE 100 as investors pause ahead of U.S. holiday

Stocks in London fall, keeping in step with losses for global markets, with major oil companies and bank stocks leading the way lower. And U.K. Chancellor Rishi Sunak announced spending plans to help the country tackle economic fallout from the coronavirus pandemic.

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