Not So Fast

With the market off to a great start the first week of this New Year, many are quick to declare "the bottom" has been reached.

While it's human nature to want the pain of last year's market decline to come to an end, economic uncertainty and the longer term effects of the government bailout plan, provide significant risk to the bullish case being made in much of the popular press.

This interview with Jeremy Grantham, Chairman of the Board of Grantham Mayo Van Otterloo gives sold support for why investors should pause before fully allocating their funds to today's equity markets. Grantham Interview