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 By Prieur du Plessis, on May 28th, 2009 posted in: Investment, Markets, Money  4 people had their say - chime in!
A recent interview by SmartMoney with Jeremy Grantham provides insight on why he has changed his mind in early March from a perma-bearish stance to a more bullish demeanour, as well as his prognosis for the future. A few excerpts from the interview are shared in this post. [...] 
By Cees Bruggemans After growing by 3% in 2008 and contracting by some 1%-2% in 2009 mainly on account of an unprecedented vicious global banking and credit crisis and its impacts on our mining and industrial exports, the economy should rebound by some 2%-3% in 2010. Part of [...] More on this topic (What's this?) How to Make A Fortune with REITs in 2010 (REIT Wrecks, 6/13/09) Why Arlen Specter "Defected" (The Value at Risk, 4/29/09) WSJ: Losses at Small and Midsized Banks Could Exceed $200 Billion in 2010 (Money Morning, 5/19/09) |
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
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