A Challenging Global Outlook for the Next 50 Years

The above is never something I would venture to take a stab at, but GMO’s Jeremy Grantham has made a name for himself by making bold predictions about the future. His latest quarterly letter, entitled “On the Road to Zero Growth” is one of his best, in my opinion. A highly recommended read if you are interested in a 16-page article characterized by a lot of economic jargon. Granted, it makes a lot of sense and was written by someone who has been right an awful lot over his multi-decade investment career. Just thought I would share the link. Enjoy!