The Minsky Meltdown by Grantham – you can download the entire paper on GMO.

JG – “I’m afraid cash is the ugly answer that no one ever wants to hear.”

That sits soundly with the GTAA model current allocation – mostly in cash/bonds.

The Great Deal Spread of 2008, and a cool new site – ArbitrageView


From the dictator that rules my fantasy league comes this gem – I can also sympathize being a Broncos fan – warning, explicit dialogue!