Rob Wile — GRANTHAM: 'The Next Bust Will Be Unlike Any Other'

Grantham blames the Fed for driving asset prices (equities) higher than they would be otherwise through low rates and QE without it resulting in a corresponding increase in capital expenditure. He sees a huge correction in the works. He has previously predicted the bursting of a commodity bubble. That would be a double whammy.

Business Insider
GRANTHAM: 'The Next Bust Will Be Unlike Any Other'
Rob Wile