After his Malthusian turn on the commodity sector a couple of weeks of ago, Jeremy Grantham...

|By:, SA News Editor

After his Malthusian turn on the commodity sector a couple of weeks of ago, Jeremy Grantham turns bearish on equities, calling the S&P 40% above fair value. Without further QE from the Fed, he fails to see how shares can maintain such lofty valuations. (pdf)