James Grant's Wall Street Journal Article

Here's a good article by Grant with his latest thoughts on the economy. It's notable in that he has turned bullish. Jim's not known for being optimistic. He's been bearish for as long as I can remember. Not now.

Here's a good quote that's used in the article from English economist Arthur C. Pigou:

"The error of optimism dies in the crisis, but in dying it gives birth to an error of pessimism. This new error is born not an infant, but a giant." 

Grant continues later in the article by saying the world is positioned for disappointment but the world rarely gets what it expects.

Check out the full article.

Adam
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James Grant's Wall Street Journal Article
James Grant's Wall Street Journal Article
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