Podcasts about grant's interest rate observer

Recorded March 24, 2020 James Grant is the editor of Grant's Interest Rate Observer. Contact: http://GrantsPub.com Twitter: @GrantsPub Sponsor: http://www.nestcowork.io The NEST CoWork space is a program of the CyberTech Network, a global cybersecurity and Internet of Things (IoT) network ecosystem providing cybersecurity and IoT resources, strategic programs and thought leadership events across the nation. NEST features 20+ reserved and non reserved “hot” desks accessible on a daily, weekly or monthly basis. There are also numerous private offices suitable for 1 person to entire 12 person Team. The NEST CoWork space is home to a slew of tech start-ups, entrepreneurial efforts, and non-profit organizations looking for a supportive, yet independent work space. The Show: Albert Lu is the creator and host of The Power & Market Report, a market news and opinion videocast. Send your comments and questions to Albert on social media: Twitter: @albertklu Instagram: /powerandmarket http://albertklu.com

Recorded March 24, 2020 James Grant is the editor of Grant's Interest Rate Observer. Watch interview: https://youtu.be/zveW0V641WA Contact: http://GrantsPub.com Twitter: @GrantsPub Sponsor: http://www.nestcowork.io The NEST CoWork space is a program of the CyberTech Network, a global cybersecurity and Internet of Things (IoT) network ecosystem providing cybersecurity and IoT resources, strategic programs and thought leadership events across the nation. NEST features 20+ reserved and non reserved “hot” desks accessible on a daily, weekly or monthly basis. There are also numerous private offices suitable for 1 person to entire 12 person Team. The NEST CoWork space is home to a slew of tech start-ups, entrepreneurial efforts, and non-profit organizations looking for a supportive, yet independent work space. The Show: Albert Lu is the creator and host of The Power & Market Report, a market news and opinion videocast. Send your comments and questions to Albert on social media: Twitter: @albertklu Instagram: /powerandmarket http://albertklu.com

In Episode 118 of Hidden Forces, Demetri Kofinas speaks with Jim Grant, founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets.  Born in New York City and raised on Long Island, Jim had thoughts, first, of a career in music, not interest rates—french horn was his love. But he threw it over to enter the Navy. Following his stint in the Navy, Jim enrolled Indiana University where he studied economics under Scott Gordon and Elmus Wicker and diplomatic history under Robert H. Ferrell, and later, obtained a master’s degree in international affairs under the guiding tutelage of cultural historian, critic and public intellectual Jacques Barzun.  In 1972, at the age of 26, Grant began working as a cub reporter at the Baltimore Sun, moving to Barron’s in 1975. The late 1970s were years of inflation, monetary disorder and upheaval in the interest-rate markets—as Jim Grant says, “of journalistic opportunity.” Barron's editor Robert M. Bleiberg, tapped Grant to originate a column devoted to interest rates. This weekly department, called “Current Yield,” he wrote until the time he left to found the eponymous “Interest Rate Observer” in the summer of 1983.   During his long career, Jim Grant has written a series of books including three financial histories, a pair of collections of Grant’s articles and four biographies, the most recent of which is about the life and times of Walter Bagehot, whose ideas about central banking informed the U.S. Federal Reserve's response to the Global Financial Crisis of 2007-09. This conversation is unusually convivial, even by the normal standards. Demetri and Jim discuss actions by the Federal Reserve in the repo market (including official and unofficial explanations for the turmoil seen in mid-September 2019), the recent WeWork and SoftBank debacle, a possible bubble in the leveraged loan market, and much more.  During the overtime to this week’s episode, Jim shares information about how he invests his own money (and who he invests it with), delves into some of Grant’s value analysis research and provides insights into his own work process as an editor and interviewer. If you want access to the overtime or to the transcript and rundown for this conversation, you can do so through the Hidden Forces Patreon Page. Subscribers also gain access to our overtime feed, which can be easily be added to your favorite podcast application.  Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at http://patreon.com/hiddenforces Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod

The fourth episode of Alpha Trader features hosts Aaron Task and Stephen Alpher talking to Jim Grant, the founder and editor of Grant's Interest Rate Observer. The business of modern-day central banking, says Grant, is the business of manipulating the most sensitive price in capitalism - the rate of interest. If Jay Powell can't seem to get anything right, it's because the very nature of his job assures he'll be wrong. At least, notes Grant, Powell hasn't taken the U.S. down the path of negative interest rates (yet). Of the pressure Powell is getting from the man who appointed him to the role, Grant reminds this sort of criticism goes back to the days of Andrew Jackson, but Jackson - with Twitter unavailable - was perhaps a bit more tasteful about it. Turning to the credit cycle, Grant believes we're at a precarious stage. Exhibit A is Uber, which at the Grant's offices is known as "interest rates on wheels." The company has about $12B in losses over the past few years, and today sits no closer to profitability (or even a path to it). WeWork is a similar story that at least got sniffed out before being sold to the public. Over the course of a few weeks, it went from a $50B valuation to needing a bailout to stay afloat. Efficient Markets Theory anyone? Grant then brings up a unicorn maybe you haven't heard about, and that's German fintech player N26. Its co-founder over the summer told the FT, "In all honesty, profitability is not one of our core metrics." This, says an incredulous Grant, "is the kind of thing that causes the market gods to hurl down thunderbolts at us mortals." Moving to long ideas, Grant is a fan of Altria. Yes, it's in the business of selling a product many don't approve of, but the inelasticity of demand for cigarettes over the years has been nothing short of remarkable. Altria continues to generate an enormous amount of cash, allowing for a current dividend yield of 7.5% - positively mountainous in these days of microscopic interest rates. Prior to chatting with Grant, Task and Alpher discuss the latest Fed rate cut and employment report. The Fed on Wednesday gave off the vibe that it's done with the "mid-cycle adjustment," and the strong jobs number on Friday, for now, is making the central bank look good in that assessment.

Jim Grant of Grant's Interest Rate Observer has more than three decades of experience monitoring macroeconomic metrics, and he is aghast at the post-Great Recession era. We are in uncharted waters, in terms of low and negative interest rates and seemingly worldwide and unprecedented currency devaluation. While Grant is reluctant to offer timing for the next correction, in what he calls the "default cycle," he believes the US economy is already overdue. He also fears the next correction could be even more severe and long lasting than the previous one. Show notes: https://goldnewsletter.com/podcast/jim-grant-the-calm-before-storm-defaults-ahead/

Francine McKenna, (@retheauditors)  transparency reporter at MarketWatch, joins the regular cast of characters to discuss auditing and accounting trends, and their crucial role for investors. 4:07 What do investors get wrong about #financial statements? 8:41 Auditors do not draft financials 13:49 Are certain #law firms more likely to push the envelope? 19:48 Do auditors have a fiduciary duty to #investors? Subscribe to the Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music.  Grant's Interest Rate Observer is available at www.grantspub.com

Jonathan Tepper (@jtepper2), chief editor of Variant Perception, and @John_Hempton, chief investment officer of Bronte Capital Management, share their macro and micro expertise on corporate concentration and corporate fraud. 2:09 How do managers contend with increasing industry consolidation? 8:51 “A time of #disruption”, while barriers to entry rise 12:04 Summertime for corporate #fraud Subscribe to the Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music.  Grant's Interest Rate Observer is available at www.grantspub.com

James Grant of Grant's Interest Rate Observer fields questions concerning the current rally in the US dollar, Fed policy, the bond market and the future of gold prices

Adam Cohen, founder of Covenant Review, joins Grant’s for an insightful overview of our loosey-goosey credit market. 1:20 “Read the footnotes,” then and now 8:41 Where is the danger for lenders? 13:54 Potential consequences of widespread cov-lite Subscribe to the Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music.  Grant's Interest Rate Observer is available at www.grantspub.com    

Jeffrey Sherman, DoubleLine’s Deputy CIO and Sam Lau, DoubleLine Asset Allocation, sit down to discuss the Financial side of Journalism, the recent history of the Fed and the current state of the economy with Jim Grant, the Founder of “Grant’s ... Read More

Steven D. Bleiberg, managing director and portfolio manager at Epoch Investment Partners, Inc., joins the regular cast of characters  for a lively discussion of modern portfolio theory and its limitations. 2:50 What is a stock, a portfolio, the #market? 6:20 The theory is now #reality 11:05 #Risk, asymmetry and indexing 14:33 Profit and the cost of #capital Subscribe to the Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music.  Grant's Interest Rate Observer is available at www.grantspub.com

Jim Grant, publisher and editor of Grant's Interest Rate Observer, joins the show to discuss his most famous profit forecast – a massively profitable bet against the housing market that would later be depicted in the movie The Big Short. Porter asks Jim if the Fed will ever lose the overwhelming power it holds, and you’ll be surprised to hear how Jim calculates how they already lost control a long time ago. Jim also weighs in on Bitcoin and how it could be Silicon Valley’s “cry for help.” You’ll have a good laugh when Jim recounts the moment he realized the housing market was in bubble territory. Just as interesting is Jim’s story of how he grew his newsletter business from an initial subscriber base of just 18 readers, to become one of most renowned and celebrated financial journalist of all time. Of course, it helped that his very first subscriber – the first-ever member of The Grant Interest Observer – was legendary investor Jim Rogers.

Daniel Pecaut and Corey Wrenn discuss their new, highly rated book, University of Berkshire Hathaway. In the unique collection, they share their notes from 30 annual Warren Buffett's annual shareholder meetings, beginning in 1983. The authors speak with GuruFocus about the making of the book and the insights they gained from their unprecedented journey. Daniel Pecaut is a Harvard graduate whose insights have been featured in the New York Times, Money Magazine, Grant's Interest Rate Observer, Outstanding Investor Digest, and the Omaha-World Herald. He has worked in investing for 30+ years and is CEO of a successful investment firm, Pecaut & Company. Corey Wrenn has a B.S. in Business Administration from University of South Dakota and an M.B.A from University of Nebraska at Omaha. Corey is the Vice President, Treasurer, and CCO for Pecaut & Company. Before he joined the firm in 1992, he worked for 9 years as an internal auditor for Berkshire Hathaway.

The price of food at the grocery store has been declining for two years and yet the price of the big packaged food companies on the stock exchanges has been rising. This opposition will not long stand. Evan Lorenz, one of the great financial journalists of that Wall Street sacred text, Grant's Interest Rate Observer, talks about Big Food and some clumsiness on the part of the usually deft investors 3G and Berkshire Hathaway.

In this episode, host Angelo Robles talks with Jim Grant, Founder of Grant's Interest Rate Observer. Jim shares his insights on stock market values, finance methods, digital currency, bonds, rates, along with a host of other financial observations.

Janus Capital Management's Bill Gross says he's skeptical that real GDP growth can rise to 3 to 4 percent. Prior to that, Alan Krueger, a professor at Princeton University, says NAFTA has been positive for the U.S. Bob Doll, Nuveen's chief equity strategist, says the more restrictions enacted, the less efficient the economy will be. Jim Grant, editor of Grant's Interest Rate Observer, says he expects the U.S. to revert back to the 1970s' weak dollar policy. Finally, PIMCO's Scott Mather says investors are underpricing central bank action.

How should the Federal Reserve clear the way for competitive currencies? Jim Grant is publisher of Grant's Interest Rate Observer. We spoke during Cato's monetary conference in November. See acast.com/privacy for privacy and opt-out information.

Willem Buiter, chief economist at Citigroup, says the Fed is excessively sensitive to what it thinks the markets might do and how markets react. Jim Grant, editor of Grant's Interest Rate Observer, says Janet Yellen and central banks ought to be nearly invisible. Ken Doctor, author and columnist of Newsonomics, says we have half the number of journalists in local newsrooms than we had in 1990. Anne-Marie Slaughter, New America CEO & Princeton professor, says part of the problem of globalization is that it has left so many people who aren't part of a global network behind.

James Grant, editor of Grant's Interest Rate Observer, discusses his latest thoughts on the economy, monetary policy, market froth, gold & where hidden investing opportunities may lie with Hedgeye CEO Keith McCullough in this edition of "Real Conversations."