Grantham on the Markets: '860 Is Fair Value for S&P'

AGA7d

http://seekingalpha.com/article/ ... e-for-s-p?source=hp

Down would be around 7800. That's a bit more pessimistic than me. While I agree there will be a long time lean years ahead, but I think the earnings actually won't be that bad. Unless the U.S. debt blows up, S&P 860 is on the low end of my radar screen.