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Groundhog Day

Grantham: “Let’s Get On With Whatever’s Next”

Jeremy Grantham Nails the Zeitgeist, or “The New Abnormal” The economic environment seems to be stuck in a rather unpleasant perpetual loop. Greece is always about to default; the latest bailout is always about to save the day and yet never seems to; China is always about to collapse but instead teases us by inching...
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Slush, and Other Signs of Spring

Dog Days of Summer Winter At least in Minnesota, the Dog Days of Winter come a little earlier than their Summer counterpart — presumably, because Winter here starts so early. But by early February — or whenever the snow on the ground turns more grey than white — you know they’re here. Along with the lengthening days...
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