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Jeremy Grantham posted his latest quarterly letter. I almost did a post on it yesterday noting how bullish he sounded (at least for him). I read it and had one of those deep feelings of something is not right. Something in the world had gotten thrown out of line. Well I pushed it aside and wasn't going to post anything until I read this http://www.thestreet.com/s/jeremy-granthams-losing-his-growl/newsanalysis/investing/10386152.html?puc=_tscana. It starts out with "They say the time to get really nervous is when the last bear turns bullish. Did that just happen?" Jeremy for sure has his bearish points but as a long time reader of his stuff the tone is much different as this article says he has the tone of a "man who is tired."
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