A Lean, Mean Reversion Machine
August 6, 2004
This week we look at a thoughtful analysis by one of my long time favorite analysts, Jeremy Grantham, on what stock market returns should be over the next seven years, comment on the employment numbers and a softening economy and explore what that could mean to our investment portfolios. If we have enough space I will add a few thoughts on the Fed meeting next week.
But first, I would like to thank the people responsible for the enthusiastic and very kind reviews at Amazon.com for Bull's Eye Investing that were posted while I was on vacation (well, OK, one guy just plainly doesn't get it, but you can't please everyone).