Hey, Young Turks on trading desks, up-and-coming money managers and Wall Street stock jockeys: You want the truth about the global markets today? Listen to Jeremy Grantham, chairman of Boston-based inves…
The latest letter from Jeremy Grantham at GMO (.pdf) is out, and it captures nicely the anger felt by many in the investing class at Washington right now:
“My worst fears about the potential loss of confidence in our leaders, institutions, “and …
Grantham is not a commodity person, but he is quite smart, and consistently understates his most important points, so this perked my ears a little.
What “paradigm shift” is he noticing?
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Pavlov’s Bulls Jeremy Granth…
“The Ruinous Cost of Fed Manipulation of Asset Prices
“My diatribe against the Fed’s policies of the last 15 years became, by degrees, rather long and complicated. So to make it easier to follow, a summary precedes the longer argument.
If I were …