Whatmakes matters worse according to Grantham is that the Fed, through its how-low-can-you-go rate policy actions has been pushing investors into riskier yield investments.
At the grassroots level, too often Republicans and conservatives look up to Boehner and McConnell for answers, but regardless of whatyou think of them, the Congressional brand problem (being worse than the Republican brand problem) makes them ineffective spokespeople.