Jeremy Grantham spoke on November 12th with Wilfred Frost on CNBC’s Closing Bell about his current economic and market thoughts. In Jeremy’s view, the U.S. needs a new “green” Marshall Plan to combat climate change with green infrastructure investment, which will also accelerate economic growth and help address income inequality. He believes that the stock market is currently in a bubble and would advise investors to hold emerging markets and Value equities, which are currently relatively attractive in his view.