Jeremy Grantham 1999, Jeremy Grantham Today: "Over Next Seven Years, Market Will have Negative Returns"
MishTalk
MARCH 24, 2014
The next bust will be unlike any other, because the Fed and other centrals banks around the world have taken on all this leverage that was out there and put it on their balance sheets. And given our methodology, that would mean that on October the 6th, the market should have been fairly priced on our current approach.
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