If the S&P 500 follows the patterns of other great equity bubbles, its level a decade from...

|By:, SA News Editor

If the S&P 500 follows the patterns of other great equity bubbles, its level a decade from now may be about the same it is at the moment, writes Jeremy Grantham. Aided first by Greenspan and now his acolyte Bernanke, stocks have benefited from a near-generation of monetary overstimulation. "The next bust may well be like the old days."