how is GMO planning ahead?

Jun 12, 2007 1 Replies

today's marketwatch contains a brief article (PAUL B. FARRELL) that discusses some effects on a global pop and concludes that GMO Chairman Jeremy Grantham has planned ahead but does not discuss any detail.



it contains this blurb "..Grantham's warning: "The bursting of the bubble will be across all countries and all assets, with the probable exception of high-grade bonds..."



does that mean GMO's plan-ahead is to move into high-grade bonds exclusively?



Funny. Bill Gross, bond guru at PIMCO, has recently turned bearish on bonds after being a bull for the past 25 years.

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Elizabeth Richardson

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