Grantham Says Stock Prices Reveal Folly of Fed Policy

Bloomberg Markets and Finance published this video item, entitled “Grantham Says Stock Prices Reveal Folly of Fed Policy” – below is their description.

Jan.22 — GMO co-founder and Chief Investment Strategist Jeremy Grantham criticizes the Federal Reserve for pursuing policies that produced a state of “mild hysteria” in stocks, not the hoped-for improvements in economic output and productivity. He spoke exclusively to Erik Schatzker on Bloomberg’s “Front Row.”

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