Grantham Mayo 7-year Asset Class Real Return Forecast June 30, 2013

From GMO via Institutional Imperative:

And from May 2013:
"James Montier's Presentation at London Value Conference: GMO Now 50% in Cash"

For comparison here are the May 31, 2013 and the  Dec. 31, 2012 forecasts:
Grantham, Mayo, van Otterloo December 2012 7-year Asset Class Return Forecasts