The Power of the Fed (full documentary) | FRONTLINE

Big losses ahead for markets? Jeremy Grantham’s terrifying new forecasts:

If you have a 401(k) and you’re of a nervous disposition, you probably don’t want to look at the chart above.

Even by the standards of GMO, the super-cautious money management firm in Boston best known for its famous co-founder, Jeremy Grantham, it’s terrifying.

It shows about the worst medium-term forecasts on record for pretty much all the assets most of us own in our retirement accounts....