Monday, February 14, 2011

Jeremy Grantham: Never Fight The Fed

"Never fight the Fed about market prices or underestimate its global reach. The U.K. stock market has been more responsive to the U.S.’s Year 3 stimulus than the U.S. market has itself. It shows Britain in its true colors: half a hedge fund and half the 51st state.  How humiliating!"

Jeremy Grantham

1 comment:

  1. Let's see, how many billions have we given them recently Vs what have they given us? I mean, Duh!