Thursday, April 3, 2014

Billionaire Warns: Yellen Collapse 'Will Be Unlike Any Other'

Money News Another horrific stock market crash is coming, and the next bust will be “unlike any other” we have seen. That’s the message from Jeremy Grantham, co-founder and chief investment strategist of GMO, a Boston-based firm with $117 billion in assets under management. Grantham pulls no punches when he discusses who he holds responsible for the coming financial carnage. In a recent interview with The New York Times, he calls Federal Reserve Chair Janet Yellen “ignorant” and said the Federal Reserve all but killed the economic recovery.



Read more about Billionaire Warns: Yellen Collapse 'Will Be Unlike Any Other'

No comments:

Post a Comment