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the worlds a bubble


dmarc117
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http://biz.yahoo.com/ts/070427/10353243.html?.v=2

 

One, unsurprisingly, is legendary value investor Jeremy Grantham -- the man Dick Cheney, plus a lot of other rich people, trusts with his money. Grantham, chairman of Boston firm Grantham Mayo Van Otterloo, has been a voice of caution for years. But he has upped his concerns in his latest letter to shareholders. Grantham says we are now seeing the first worldwide bubble in history covering all asset classes.

 

Everything is in bubble territory, he says.

 

Everything. 'The bursting of this bubble will be across all countries and all assets.'

 

muck....thoughts on this?

 

spain...sell everything!!!

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