Grant’s Interest Rate Observer Podcast, Released on 2/7/20
2:54 High-yield: record defaults to below average in one year.
4:47 Car company goes to the moon.
7:00 Europe – the hotbed of “impossible”
11:58 “Impossible” through the decades.
James “Jim” Grant is an American writer and publisher and the founder of Grant’s Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant’s television appearances include “60 Minutes,” “The Charlie Rose Show,” Bloomberg TV, CNBC and other well-known financial news sources. His journalism has appeared in a variety of periodicals, including the “Financial Times”, “The Wall Street Journal” and “Foreign Affairs.”