29.04.2011 - The coming commodity price nightmare |
The commodity price boom we've all been bellyaching about for the past six months started not in August, when the Fed chief first started talking about quantitative easing, but a full eight years earlier – when Bernanke was but a Fed governor and the housing bubble was a mere gleam in Alan Greenspan's eye. So says Jeremy Grantham, the value manager who helped found the Boston-based GMO asset management firm..............................................Full Article: Source |