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Grantham gushes about emerging markets – what’s he onto?

Investor Jeremy Grantham, 79, is famed for his dour views on the global investment scene. You’d expect as much from a guy whose clients have included US Vice President Dick Cheney. It’s noteworthy, then, that he’s dripping with optimism about emerging-market stocks. In its most recent investment letter, his Grantham Mayo Van Otterloo & Co. […]