미 연준이 버블의 원천이다

 

Jeremy Granthom의 아래 말에 전적으로 동의한다.

 

11.14일. Bloomberg와의 인터뷰에서 한 말.

 

"The Fed hasn't done a thing right since Paul Volcker, who was brilliant. All of the other chairs have encouraged a series of really dangerous asset bubbles. They overstimulated to get to 2000, they overstimulated in the mid-2000s housing market, and have they learned? Absolutely not."

 

또 하나의 인상적인 멘트

 

"This is the first time that inflation, the number one predictor of a market downturn since 1925, is being ignored. Every bull market before this one had low inflation. In order to explain todya's market, you have to assume 100% ignoring of the rising inflation, which is quite remarkable. We've never seen anything like this."

 

 

Jeremy Grantham is a legendary investor and a pioneer of index fund investing, has added his voice to the chorus of financial wizards who expect today’s runaway stock market to soon hit the wall.

He predicted the dotcom collapse and the 2008 meltdown of the real estate market. He’s also in charge of about $60 billion as the investment chief at asset management firm Grantham, Mayo, & Otterloo.