Grant’s Current Yield Podcast

Description

You've read their prose. Now hear their voices. Listen to Jim Grant and Evan Lorenz talk high finance, Grant's-style, with plenty of wit and historical context to enliven their discussion of today's foremost investment topics. Welcome to Grant's Radio!

Episodes

2025 / 7 / 9

A CERTAIN SKEPTICISM

With special guest Dean Curnutt, founder and CEO of Macro Risk Advisors.

Download
2025 / 6 / 26

A PROMISE TO PAY

With special guest Michael Haynes, head of private credit at Beach Point Capital Management.

Download
2025 / 6 / 4

NOTHING NEW UNDER THE SUN

With special guest Jamie Sprayregen, vice chairman of Hilco Global.

Download
2025 / 4 / 25

PRICE AS YOUR GUIDE

With special guest Matthew McLennan, portfolio manager at First Eagle Investments.

Download
2025 / 3 / 24

IN A TROUBLED WAY

With special guest, Seth Weissman, founder and president of Urban Standard Capital.

Download
2025 / 3 / 14

REALLY GOOD BREAKS

With special guest David Dredge, CIO and CEO of Convex Strategies.

Download
2025 / 2 / 11

BUTTONED-UP BORROWERS

With special guest Keri Findley, founder and CEO of Tacora Capital Management.

Download
2025 / 1 / 23

PARALLELS TO HISTORY

With special guest Christopher Whalen, chairman of Whalen Global Advisors.

Download
2024 / 12 / 11

BACK TO THE FUTURE

With special guest Steven Bogden, investment and geopolitical strategist.

Download
2024 / 11 / 20

GROWTH AND PROFITABILITY

With special guest Dev Kantesaria, founder and portfolio manager of Valley Forge Capital Management.

Download
2024 / 10 / 18

NOT SO GOOD NEWS

With special guest Lakshman Achuthan, co-founder of Economic Cycle Research Institute.

Download
2024 / 9 / 16

LONG IN THE TOOTH

With special guest Dave Breazzano, head of credit at Polen Capital.

Download
2024 / 8 / 6

THE NEXT MELTDOWN

With special guest Richard Byrne, president of Benefit Street Partners.

Download
2024 / 7 / 10

INTERNATIONAL VALUE MYSTERIES

With special guest David Samra, managing director of Artisan Partners.

Download
2024 / 7 / 3

A COMPELLING MODEL

With special guest Shaun Usmar, founder and CEO of Triple Flag Precious Metals Corp.

Download
2024 / 6 / 26

UNRECOGNIZED LOSSES

With special guest Paul Kupiec, senior fellow at the American Enterprise Institute.

Download
2024 / 6 / 12

MANIFESTATION OF EARNINGS

With special guest Bob Robotti, president and CIO of Robotti & Company Advisors.

Download
2024 / 5 / 17

A MATTER OF PERSPECTIVE

With special guest Sean Fieler, president and CIO of Equinox Partners.

Download
2024 / 5 / 8

INNER WORKINGS

Behind the scenes at Grant's with Jim, Evan and Phil.

Download
2024 / 4 / 29

OPPORTUNITIES IN COMEUPPANCE

With special guest Dan Zwirn, CEO and CIO of Arena Investors.

Download
2024 / 4 / 3

The ABCs of CLOs

With special guest John Kerschner, head of U.S. securitized products at Janus Henderson Investors.

Download
2024 / 3 / 20

THE BUSINESS OF INCOME

With special guest Daniel Peris of Federated Hermes.

Download
2024 / 3 / 8

INFLATIONARY INSURANCE

With special guests Steve Virgili and Steve Shapiro of New Vernon Wealth Management.

Download
2024 / 2 / 22

AROUND THE BEND

With special guest, Alex J. Pollock, a senior fellow at the Mises Institute.

Download
2023 / 12 / 20

BIG THINGS COME IN SMALL PACKAGES

With special guest Mario Cibelli, managing partner at Marathon Partners Equity Management.

Download
2023 / 12 / 14

A CURRENCY AFFAIR

With special guest Brent Donnelly, president of Spectra Markets.

Download
2023 / 12 / 1

MURDER BY HIGHER RATES

With special guest Jim Bianco, president and macro strategist at Bianco Research.

Download
2023 / 11 / 2

THE WORLD'S RUNNER-UP

With special guest Shehzad Qazi, managing director of China Beige Book International.

Download
2023 / 9 / 20

DIVING INTO A SCAM

With special guest Zeke Faux, the author of "Number Go Up: Inside Crypto's Wild Rise and Staggering Fall."

Download
2023 / 8 / 2

ABSOLUTLEY INADMISSIBLE IDEAS

With special guest Martin Hutchinson, author of The Bear's Lair.

Download
2023 / 7 / 19

DISTRESSED DEBT EXPERTS

With special guests David Aviram and Ted Martell, co-founders of Maverick Real Estate Partners.

Download
2023 / 7 / 12

VALUE RESTORATION PROJECT

With special guest Seth A. Klarman, CEO of the Baupost Group.

Download
2023 / 7 / 6

NO LEARNING, ONLY CYCLES

With special guest Douglas J. Lucas, creator of Stories.Finance.

Download
2023 / 6 / 22

SOME OF THE OLD TIME RELIGION

With special guest John D. Spears, Managing Director of Tweedy, Browne.

Download
2023 / 6 / 6

NO EQUITY IN EQUITIES

With special guest Martin Fridson, CIO of Lehmann Livian Fridson Advisors.

Download
2023 / 5 / 25

DISPATCHES FROM THE OPPOSITION

With special guest Dan Rasmussen, founder and CIO of Verdad Advisers.

Download
2023 / 4 / 28

Non-linear returns

With special guest Harley S. Bassman, managing partner at Simplify Asset Management.

Download
2023 / 4 / 13

SMALL CAP HUNTING

With special guest Eric Cinnamond, co-founder of Palm Valley Capital Management.

Download
2023 / 3 / 29

VALUE IN THE REVILED

With special guests Michael and Samuel Ashner of Winthrop Capital Partners.

Download
2023 / 3 / 15

Valuation, Demographics, Urbanization

With special guest John Haskell, founder and chief investment officer of Atla Capital Management.

Download
2023 / 2 / 28

Market Neutral Returns

With special guest, Jeremy Mindich, co-founder and managing partner of Scopia Capital Management.

Download
2023 / 2 / 7

Value in biotech

With special guest, Marc Schneidman, the founder and CIO of Aquilo Capital Management.

Download
2023 / 1 / 19

Destruction of value

With special guest, William D. Cohan, the author of "Power Failure: The Rise and Fall of an American Icon."

Download
2022 / 11 / 4

BEHIND THE SCENES

Jim, Evan and Phil discuss how an issue of Grant's comes together.

Download
2022 / 9 / 23

Digital Landlords

With special guest, Adam Simmons, the co-founder and president of Dgtl Infra.

Download
2022 / 9 / 9

The Right Information That Matters

With special guests, Thomas Morton and Prem Nainani of Aplomado Advisors.

Download
2022 / 8 / 3

ALL THINGS TELECOM

With special guest, Craig Moffett, renowned telecom analyst and co-founder of MoffettNathanson.

Download
2022 / 6 / 30

The Nature and Essence of Interest

With special guest, Edward Chancellor, the author of "The Price of Time."

Download
2022 / 6 / 13

Making Markets

With special guest, Doug Cifu, CEO of Virtu Financial.

Download
2022 / 5 / 20

Inflation!

With special guest, Steve Forbes, the chairman and editor-in-chief of Forbes Media.

Download
2022 / 4 / 20

Real Estate 360

In conversation with Jonathan Litt, founder and CIO of Land & Buildings.

Download
2022 / 4 / 15

The 70% Club

With special guest, Martin Hale, technology reinvention specialist and founder of Hale Capital Partners.

Download
2022 / 3 / 30

A King's Empire

With special guest, Mary Childs, the author of "The Bond King: How One Man Made a Market, Built an Empire, and Lost It All."

Download
2022 / 3 / 18

Opportunities in commodities

In conversation with Leigh Goehring and Adam Rozencwajg of Goehring & Rozencwajg Associates.

Download
2022 / 3 / 11

All About Privates

With special guest, Omeed Malik, founder and CEO of Farvahar Partners.

Download
2022 / 3 / 8

The Restaurant Economy

In conversation with John Hamburger, founder and president of Franchise Times Corp.

Download
2022 / 3 / 1

Exciting times in global macro

With special guest, Octavio Costa, portfolio manager at Crescat Capital.

Download
2022 / 2 / 22

Meme stock mania

In conversation with Spencer Jakab, the award-winning investing columnist and author of “The Revolution That Wasn’t.”

Download
2022 / 2 / 9

Unauthorized thinking

In conversation with the leading green chicken, Doomberg.

Download
2022 / 1 / 17

Breaking the American economy

With special guest, Chris Leonard, author of "The Lords of Easy Money."

Download
2021 / 11 / 23

The insider's guide to operations

With special guest, Scott Matthews, vice president of global operations at Hygiena, Inc.

Download
2021 / 9 / 29

When everything's absurd

In conversation with, the comedian, Remy Munasifi.

Download
2021 / 8 / 5

The great startup delusion

With special guest, Eliot Brown, co-author or "The Cult of We."

Download
2021 / 6 / 11

Short selling across the pond

With special guest, Matthew Earl, managing partner and founder of ShadowFall Capital & Research.

Download
2021 / 6 / 2

A place for bonds?

In conversation with Peter Chiappinelli of GMO’s asset allocation team.

Download
2021 / 4 / 23

Asymmetric returns in crypto

In conversation with Paul Brodsky, managing partner at PostModern Partners.

Download
2021 / 4 / 9

Engine of Inequality

With special guest, Karen Petrou, co-founder and managing partner at Federal Financial Analytics.

Download
2021 / 3 / 15

Tech phoenixes

In conversation with Martin Hale, Jr., CEO and portfolio manager at Hale Capital Partners.

Download
2021 / 3 / 11

Real Estate after COVID

With special guest, Michael Knott, head of U.S. REIT research at Green Street.

Download
2021 / 2 / 23

Deeper into the numbers

With special guests, Tom Beevers and Jules Hull of StockViews.

Download
2021 / 2 / 16

All about SPACs

In conversation with Julian Klymochko, founder and chief investment officer at Accelerate Financial Technologies.

Download
2021 / 1 / 7

Read the footnotes

With special guest, Anthony Canale, global head of research at Covenant Review.

Download
2020 / 11 / 12

Real estate roundtable

https://www.linkedin.com/company/urban-standard-capital/ Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily...

Download
2020 / 11 / 2

ESG 101

@MassifCap https://www.linkedin.com/company/massif-capital Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost...

Download
2020 / 10 / 16

Inflation protection that wins.

https://www.linkedin.com/in/nancyquadratic/ https://quadraticllc.com Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our...

Download
2020 / 10 / 14

Down South

https://www.linkedin.com/in/john-haskell-092a118/ Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily...

Download
2020 / 10 / 6

As the world turns

@businesscycle https://www.linkedin.com/in/lakshmanachuthan/ Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost...

Download
2020 / 9 / 26

Dress rehearsal

@GuggenheimPtnrs Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 9 / 16

Value investing and jazz

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 8 / 11

Vacation delectation

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 7 / 29

Price, behavior and fundamentals: Where the rubber meets the road.

https://www.linkedin.com/in/dean-curnutt-4060157/ @Dcurnutt Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost...

Download
2020 / 7 / 14

Inflation station

No Description

Download
2020 / 6 / 24

Prolific and prophetic

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 6 / 4

Yield curve, under control?

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 5 / 27

Bond fun

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 4 / 29

Class is in session

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 4 / 17

Love and youth and spring

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 4 / 1

The Grice Man cometh

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 3 / 14

Your biggest mistake

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email Us: podcast@grantspub.com Subscribe to Grant's: www.grantspub.com/pod2020 Signup for our Almost Daily #Grant's: www.grantspub.com/ADG

Download
2020 / 3 / 3

Painting A Picture

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email us: podcast@grantspub.com Subscribe to Grant’s: www.grantspub.com/pod2020 Sign up for our Almost Daily #Grants: www.grantspub.com/ADG

Download
2020 / 2 / 28

The Empire Strikes Out

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email us: podcast@grantspub.com Subscribe to Grant’s: www.grantspub.com/pod2020 Sign up for our Almost Daily #Grants: www.grantspub.com/ADG

Download
2020 / 2 / 25

ESG, avert your ears

Tweet Us! @GrantsPub Call Us: 212-809-7994 Email us: podcast@grantspub.com Subscribe to Grant’s: www.grantspub.com/pod2020 Sign up for our Almost Daily Grants: www.grantspub.com/ADG

Download
2020 / 2 / 13

Picks and pans in biotech

Joe Lawler, M.D., Ph.D. and fund manager, joins this week’s program. On the agenda: #Coronavirus and its potential impact, navigating the “haves and the have-nots.” Is this a golden age in drug discovery?...

Download
2020 / 2 / 7

Impossible is extinct

Subscribe to Grant’s Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant’s Interest Rate Observer is available at http://www.grantspub.com

Download
2020 / 2 / 2

Public debt-does it matter?

Subscribe to Grant’s Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant’s Interest Rate Observer is available at http://www.grantspub.com

Download
2020 / 1 / 22

Quick Change

Investor and writer Tim Bergin calls in to discuss the risks and opportunities associated with our warming planet. 2:33 Climate primer and the risks of rising C02 7:17 What’s different this time?11:50...

Download
2020 / 1 / 22

The gold show

Ronald Stoeferle, managing partner at Incrementum AG, calls in to discuss pressing monetary matters and to review the investment merits of the Money of Kings. 4:22 Institutional distrust means opportunity...

Download
2019 / 12 / 22

Winter reading

@AmitySchlaes, author of “Great Society: A New History,” stops by the office to discuss her new book. http://www.amityshlaes.com 2:24 #BrettonWoods and the “bonanza” 8:50 Michael Harrington goes to...

Download
2019 / 12 / 15

Around the horn

Each analyst identifies a notable recent event. Jim provides a winter reading recommendation. 1:40 Dazed and confused 4:18 Crude oil and the VC market 10:24 Jim reviews “#1931” by #TobiasStraumann...

Download
2019 / 12 / 6

Growth Market

Don Coxe, chairman at Coxe Advisors LLP and commodity investor par excellence, calls in to discuss the latest in agriculture and its implications. www.coxeadvisors.net/ 1:31 A contrarian look at the climate...

Download
2019 / 11 / 22

It's a gusher

Leigh Goehring and Adam Rozencwajg stop by the office to discuss opportunities in natural resources. www.gorozen.com 1:10 #Apple worth more than the entire energy sector 4:19 What’s happening with...

Download
2019 / 11 / 16

A short-seller in action

In October 2017, Marc Cohodes unveiled a new idea to the Grant’s conference crowd. @AlderLaneeggs His remarks follow. 3:20 Free speech - for the bulls 18:58 Taking things personally 28:45 A common theme...

Download
2019 / 11 / 8

Let the analytics department pitch to Drumbowski

Jim, Evan and Phil recap highlights from the Grant’s 2019 fall conference and discuss a recent sea change in the business environment. 1:49 #Uber, #Grubhub and business model limitations 6:20 Private...

Download
2019 / 10 / 18

Time to make the Donuts

Twitter user @Donutshorts calls in to discuss his investment process, assess the world at large and identify some companies which may offer compelling opportunities on the long and short side. 0:55...

Download
2019 / 10 / 3

Don’t fear the repo

George Selgin, director of the #Cato Institute's center for monetary and financial alternatives, calls in to discuss remarkable recent events in the banking system and the potential implications....

Download
2019 / 9 / 21

Two for the price of one

Bianco Research president and eponym Jim Bianco calls in to help us make sense of last week’s chaos in short term lending rates. Jonathan Tepper, founding partner at Variant Perception, assesses the...

Download
2019 / 9 / 12

A conversation with the Dean of High Yield

Marty Fridson, chief investment officer Lehmann, Livian, Fridson Advisors LLC and “One of Wall Street’s most thoughtful and perceptive analysts” according to the New York Times, stops by to discuss all...

Download
2019 / 8 / 13

He begs to differ

Tuomas Malinen, PhD (econ.) CEO of GnS Economics Limited and Adjunct Professor of Economics at the University of Helsinki, calls in to express his concerns with modern theory and practice. 2:00 Applying...

Download
2019 / 8 / 4

Jay versus the volcano

Jim Bianco, president of Bianco Research, calls in to discuss the state of markets and central banking following Wednesday’s rate cut. @biancoresearch https://www.linkedin.com/in/james-bianco-117619152/ ...

Download
2019 / 7 / 14

The data couldn’t be clearer

Jay Van Sciver, head of industrials at Hedgeye Risk Management, comes by to discuss opportunities in cyclicals, the state of the economy and some of our favorite profitless unicorns. @hedgeyelndstrls...

Download
2019 / 7 / 5

Middle Kingdom microscope

Carl E. Walter, longtime bank executive and coauthor of “Red Capitalism,” joins the program to discuss important recent happenings in China. 2:55 Reading the tea-leaves 8:12 Baoshang Bank: A small fish...

Download
2019 / 6 / 25

Freshly seasoned

Dan Fuss, vice chairman of Loomis, Sayles & Company and fixed income investor extraordinaire, calls in to discuss the state of markets in 2019. @LoomisSayles www.loomissayles.com...

Download
2019 / 6 / 21

Research Triangle

Rob Arnott, founder and chairman of the board of Research Affiliates, LLC, calls in to assess conditions and opportunities around the world. 3:47 “There’s no such thing as a bargain in the absence of fear”...

Download
2019 / 6 / 11

Into the plumbing

Jeff Snider (@JeffSnider_AIP), head of global research of Alhambra Investments, calls in to discuss the workings of the modern financial system, and to offer his views on the best ways for investors to...

Download
2019 / 6 / 5

Spring chickens

Jim, Evan and Phil assess the state of play in high-yield credit, macroprudential regulation and an instructive recent op-ed in @WSJ. 1:40 #Trump and the USS John McCain 5:24 Do businesses need a rate cut?...

Download
2019 / 5 / 29

Measuring the Middle Kingdom

Christopher Balding, associate professor at the Fulbright University of Vietnam, calls in to discuss all things China. @BaldingsWorld 1:43 Dramatic change in the air. Social credit risk 5:15 Economic growth,...

Download
2019 / 5 / 23

Double decker

A super-sized episode. Jim, Evan and Phil discuss the latest financial happenings. Sabrina Fox, executive advisor of ELFA Investor Group, details the challenges awaiting creditors in Europe’s loan and...

Download
2019 / 5 / 13

Distressed address

Kent Collier and Sarah Gefter of credit research firm @Reorg call in to discuss the latest happenings in distressed debt. www.reorg.com @DDinvesting 3:51 2007, then and now 7:16 Taking inventory of the cycle...

Download
2019 / 5 / 8

The name’s bond

Andrew Park, senior editor at S&P Global’s LCD unit, joins Grant’s to discuss all things credit. 1:35 The current cycle: What’s different? 5:45 CDOs in 2008 and CLOs today. Similarities and differences 12:01...

Download
2019 / 4 / 30

Around the world in 20 minutes

George Friedman (@GPFutures), founder and chairman of Geopolitical Futures, calls in to discuss global goings-on and their potential investment implications. Jim identifies a potential long-term inflection...

Download
2019 / 4 / 8

Hedging and hedge funds

Barclay Leib (@btl0823) founder and principal of Sand Spring Advisors, LLC, comes by the office to discuss asset allocation, forensic accounting and Wall Street history. 1:44 Rules for selecting fund...

Download
2019 / 3 / 24

Fed ahead

Jim, Evan and Phil break down the watershed FOMC meeting this past week. Jim provides his updated reading list. 1:00 A startling announcement 5:15 2003 redux 10:08 E-Z money in the #economy 15:30 “Tools”...

Download
2019 / 3 / 12

Investor's Business

Michael Schaus, director of market research for Brenton Point Wealth Advisors LLC and Zweig-DiMenna, stops by the office to discuss the current outlook and to remember the great investor Martin Zweig....

Download
2019 / 3 / 5

Spring training

Jim and Evan discuss the latest monetary happenings, the retirement of a Wall Street legend, and a little baseball. 1:17 The Fed’s listening tour and William McChesney Martin 8:20 Inflation catch-up 12:45 “A...

Download
2019 / 2 / 22

It’s all relative

Jim and Evan discuss recent happenings, with European credit and banking in focus. 1:32 French 30-year sovereigns offer “solid yields.” 3:40 Deutsche Bank, the big sick puppy 9:19 European banks and the...

Download
2019 / 2 / 17

Take 5

As Japan marks 20 years of ultra-low rates, Jim and Phil take a look at monetary policies around the world. Jim shares his current reading list. 1:47 How long's secular? 3:50 Negative interest rates: a...

Download
2019 / 2 / 2

Bullion base

Simon Mikhailovich, lead manager of the Tocqueville Bullion Reserve, stops by Grant's world headquarters to discuss doing business in the modern administrative state. 4:17 The "menacing" language of...

Download
2019 / 1 / 23

The Great Repression

Russell Napier, independent strategist and co-founder of the Electronic Research Interchange, joins the program to discuss the state of financial markets and his thought-provoking recent essay in the...

Download
2019 / 1 / 17

Is the Fed broke?

Alex J. Pollock, distinguished senior fellow at the R Street Institute in Washington and former president of the Federal Home Loan Bank of Chicago, calls in to discuss the state of our central bank’s own...

Download
2019 / 1 / 12

Winter warm up

The usual suspects discuss an array of financial happenings, while Jim recaps a recent Grant's field trip. 1:20 Economists and diversity 7:31 @McDonalds franchisees; they ain't lovin' it 10:51 Buffalo bash...

Download
2018 / 12 / 7

By the bushel

Keith Bronstein, commodities guru and president of TradeLink Holdings, LLC, calls in to discuss futures, interest rates and his latest big idea. 2:12 An opportunity in #eurodollar futures? 9:50 No-bid...

Download
2018 / 11 / 20

Bull markets are more fun than bear markets

Bob Farrell, longtime Merrill Lynch head of research, celebrated market technician and author of the widely cited 10 Rules for Investors, calls in to share his insights with Grant’s. 2:21 What’s changed, and...

Download
2018 / 11 / 13

Curated content

Wendy Battleson, co-founder and principal of Art Strategy Partners, shares her expertise on the state of the market and its connection with other asset prices 1:48 Banksy’s self-destruct button 6:10...

Download
2018 / 11 / 5

Read the fine print

Michelle Leder, reporter and founder of Footnoted.com, stops by to discuss recent trends in corporate accounting and the regulatory environment. @footnoted 0:55 Accountants: Who needs them? 2:54 “Terms and...

Download
2018 / 10 / 31

Monopoly money

Jonathan Tepper, founder of macro research firm Variant Perception and author of The Myth of Capitalism, calls in to discuss the rise of corporate monopolies and its implications. @jtepper2 1:24 The Myth of...

Download
2018 / 10 / 29

Tomorrow’s sales today

Chris Whalen, publisher of the Institutional Risk Analyst and financial industry expert, stops by the office to discuss the economy, credit and the Fed. @rcwhalen 1:22 The banks, as safe as a house? 6:51 A...

Download
2018 / 10 / 22

The other side of the boat

Dean Curnutt, founder and chief executive officer of Macro Risk Advisors, joins Grant’s to talk markets, volatility and anticipating the future. @Dcurnutt 1:42 Today and 2017, have things changed? 5:52 #Gold,...

Download
2018 / 10 / 15

Traffic signals

Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, joins the cast of characters to review pertinent signals in growth, interest rates and inflation. 4:48 The future path of inflation 9:34...

Download
2018 / 10 / 9

Kevin Warsh, former Federal Reserve governor.

Kevin Warsh, former Federal Reserve governor and distinguished fellow at the Hoover Institution, pays Grant’s a visit to discuss the state of the world and markets. 1:55 Making sense of the move in bond...

Download
2018 / 9 / 26

Mix and match

Jim, Evan and Phil hold forth on the topics of the day. 0:51 Profits and interest rates 7:48 Inflation, the very long view 9:51 Human achievements and #financial cycles Subscribe to the Grant's Current Yield...

Download
2018 / 9 / 14

The path to a crisis

Dan Gertner, Grant’s alum in the run-up to and the midst of the 2008 crucible, comes back into the fold to review those years of excess and subsequent panic. 1:27 An email from Alan Fournier 7:30 A memorable...

Download
2018 / 9 / 7

Emerging value

John Haskell, head of research at Explorador Capital Management, joins Grant’s to assess opportunities in the particularly beaten down realm of emerging markets. 2:01 Where’s the value? 6:45 Argentina, bottom...

Download
2018 / 8 / 31

Current yield

Tony Canale, global head of research at Covenant Review, joins Grant’s to discuss what’s new in credit. 1:25 New laws in #Delaware and the J. Crew trapdoor 7:17 Overlooked risks for #corporate creditors 11:16...

Download
2018 / 8 / 13

Summer Vacation episode

The usual suspects hold forth on a variety of financial topics, while Jim shares some of his favorite current books. 0:55 What’s happening this fall 2:25 #Gold has no friends 5:50 Yield curve: Predictions,...

Download
2018 / 7 / 30

The battle of the interest rates

Richard Sandor, chairman and CEO of the American Financial Exchange and the Father of Financial Futures, joins Grant’s to help us make sense of the major changes that are coming to the world financial system....

Download
2018 / 7 / 19

Summertime and the living is easy

China, the leveraged loan market, Netflix and the Los Angeles Dodgers utility-man (why not?) headline another scintillating investment discussion. 0:00 “Maximum” Max #Muncy and value investing 1:53 Cracks in...

Download
2018 / 7 / 2

Nobody knows nothin’

A Grant’s variety pack: Jim, Evan and Phil hold forth on an array of topical financial matters. 1:36 North Korea, AT&T and the future 5:10 A July 4 message from Thomas Jefferson 6:08 Changes in #China 13:55...

Download
2018 / 6 / 18

It’s a bubble eh?

Seth Daniels, founding partner of JKD Capital, LLC, and Ben Rabidoux, president of North Cove Advisors, join Grant’s for a thorough analysis of the Canadian housing market and the potential consequences of a...

Download
2018 / 6 / 11

The Tesla episode

The indomitable Montana Skeptic (@MontanaSkeptic1) joins Grant’s for a hearty discussion of the most polarizing car company in the world, 1:51 Is a “supernova” third quarter in the works? 3:54 The basic #bear...

Download
2018 / 5 / 21

Surf and turf

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...

Download
2018 / 5 / 14

Loan sharks

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...

Download
2018 / 4 / 23

Theory and common sense

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....

Download
2018 / 4 / 9

Financial fulcrums

Jim Bianco, president of Bianco Research, LLC, joins the team to talk bonds, the Fed and much more. 1:00 Where are #rates going? 5:51 The #Fed and the Heisenberg principle 11:07 Potential consequences of a...

Download
2018 / 4 / 2

Free money is the enemy of free markets

David Stockman, director of the Office of Management of Budget under President Reagan and master of mazy budgetary arithmetic, joins Jim and Evan for a scintillating discussion of fiscal and monetary...

Download
2018 / 3 / 28

The stuff’s really not good for you.

Jim, Evan and Phil revisit Grant’s 2017 bearish analysis of Facebook, with historical analog. 2:05 “Sell #Coke” 1996 6:06 Paul Fusselll and #human folly 10:41 Where do we stand now? Subscribe to Grant’s...

Download
2018 / 3 / 26

An epic epoch

Biff Robillard, president and co-founder of Bannerstone Capital Management, LLC, joins the team to share his insights on the markets and investors’ state of mind. 1:40 Major changes are afoot 5:18 Rough road...

Download
2018 / 3 / 19

Brain box

Ed Yardeni, President of Yardeni Research, Inc. and author of Predicting the Markets, A Professional Autobiography, joins Jim for a lively discussion. 1:52 Interest #rates, then and now 4:11: “The #bond...

Download
2018 / 3 / 12

China doll

Jim, Evan and Phil discuss the latest happenings in the Middle Kingdom and around the globe. 1:17 The People's Republic of #Debt 3:17 #Zombie bond market for zombie companies 7:10 ECB scorns #tariffs, buys...

Download
2018 / 3 / 5

The rates puzzle

Stephen Stanley, chief economist and Xavier Negroni, co-head of the finance desk at Amherst Pierpont Securities, join the Grant’s team to try and make sense of the jump in short rates, while speculating on...

Download
2018 / 2 / 5

Index orphans

Jon Boyar, president of Boyar Research, joins the team to discuss opportunities in U.S. equities that are not eligible for the major indices. 1:45 Jon’s approach to finding #value 5:40 Patience is a virtue...

Download
2018 / 1 / 22

Blockchain, what is it good for?

Kai Stinchcombe, co-founder and CEO of True Link Financial, joins the team to discuss his recent article questioning the utility of the supposedly-groundbreaking software for digital assets. 2:07 The case...

Download
2018 / 1 / 16

Electric Slide

Mark B. Spiegel, managing member at Stanphyl Capital, joins the team to discuss his favorite ideas, long and short. 2:47 #Tesla, a love affair in reverse 6:40 Opportunities in the nano-cap realm 10:02 Fewer...

Download
2018 / 1 / 1

Periodical table

Porter Stansberry, founder and editor of Stansberry Research, joins Jim for an enlivening conversation about the business and financial world at large. 1:33 What do people want to do with their money? 5:08...

Download
2017 / 12 / 25

Grant's Holiday Episode

Jim wraps up a most unusual 2017 and looks forward to the year to come. Subscribe to Grant’s Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant’s Interest Rate Observer is available at...

Download
2017 / 12 / 20

Realty Show

Andy McCulloch, head of Real Estate analytics at Green Street Advisors, gives Grants the lay of the land. 1:18 Does the "everything bubble" include RE? 4:44 Breaking down the #Westfield acquisition 13:02...

Download
2017 / 12 / 11

Is China a Ponzi scheme?

Grant’s welcomes Victor Shih, associate professor at The University of California, San Diego, to discuss that crucial question. 0:40 The #Steinhoff Saga 6:47 Is #China set up for near term financial calamity?...

Download
2017 / 12 / 6

Value Hunt

JHL Capital Group chief investment officer James Litinsky joins Grant’s to share his views on opportunities and risks around the world. 0:56 #India: Country of the future? 4:50 Current opportunities after a...

Download
2017 / 11 / 27

Things you don’t see at bottoms

Special guest Bill Fleckenstein joins the Grant’s team to take inventory of current conditions 1:35 Triple-B-rated #bonds yielding less than zero 5:43 #Bitcoin and the apocalypse 7:28 #Tech, then and now...

Download
2017 / 11 / 22

The tick-tock of time

A lively discussion of the sometimes-lengthy wait for investment ideas to come to fruition 1:53 #GE in 1990 7:50 Mortgage #bonds in 2006 11:52 Valeant #Pharmaceuticals in 2014 Subscribe to Grant’s Podcast on...

Download
2017 / 11 / 10

Buying low and selling high: A How-to

Jim and Evan welcome special guest Paul Isaac, CEO and Founder of Arbiter Partners, to discuss current opportunities and risks. 1:54 Paul’s #bitcoin trading strategy 7:40 Value in #Japan 12:30 Other...

Download
2017 / 10 / 30

The stability paradox

Jim, Evan and Phil hold forth on noteworthy sightings in credit, while Jim challenges a core premise of modern central banking. 0:43 #ECB taper announcement 2:36 Taylor Rule funds rate and the flattening...

Download
2017 / 10 / 18

Financial revelations of the day

Jim, Evan and Phil take inventory of notable topics and unusual occurrences around the world. 2:50 Blackrock and Vanguard assets approach #China GDP 5:59 Indexation, or unmanaged #money? 7:13 Magically...

Download
2017 / 10 / 11

Hamburger Helper

Jim and Evan discuss opportunities and risks in the restaurant industry with John Hamburger, president of the Restaurant Finance Monitor. 0:53 Employment trends and #business activity 2:42 Low rates begets...

Download
2017 / 10 / 2

Resources roundtable

Jim and Evan discuss the outlook for crude oil and other commodities with fund manager Adam Rozencwajg 0:48 President #Trump vs Candidate Trump 4:42 Adam’s thoughts on #oil 6:44 How to play a rising oil...

Download
2017 / 9 / 27

The world is linked through arbitrage

Jim, Evan and Phil take inventory of notable financial developments, big and small, around the globe 0:37 European #highyield or Treasurys, take your pick 3:44 Homeowners in #China taking a shine to...

Download
2017 / 9 / 18

20-20 Vison

A common theme connecting some of today’s most popular investments: a very, very long time horizon 1:30 #Austria floats a 100-year bond 3:24 Limited supply of #bitcoin? 4:24 #Tesla promises one million cars...

Download
2017 / 9 / 11

Empty seats at the Fed -- and empty data from Facebook

Jim and Evan discuss potential candidates to replace Janet Yellen, as well as some strange doings at The Social Network. 1:10 President #Trump and Central Bankers 5:23 It’s hard to make predictions,...

Download
2017 / 8 / 21

Summer cleaning

Grant's vacation episode.

Download
2017 / 8 / 14

Alpine slide

Jim and Evan break down the latest from the Swiss National Bank, along with the #Tesla bond offering, #cryptocurrencies and much more. Click here to view the article discussed in this Podcast; Sell Coke 0:55...

Download
2017 / 8 / 8

Texas teatime

1:23 #Bitcoin spinoff 4:19 #FANG short interest evaporates 5:35 Long distance #rate hike odds 8:32 Global #art sales collapsing 9:45 The travails of #BlueApron and others 12:06 Conversation with Shad Rowe...

Download
2017 / 7 / 31

Summer breeze

1:10 #Whirlpool earnings recap 4:10 #QQQ price/earnings methodology 11:15 ETF-ation 13:06 Sponsored by somewhat 15:30 False precision in #government statistics 17:24 Initial Coin Offerings #cryptocurrencies...

Download
2017 / 7 / 24

Episode 21 - An invigorating interview with Trey Reik

Articles mentioned in this #Podcast: Sprott Asset Management July 2017 Strategy Report 2:10 Similarities between #cryptocurrencies and #gold 5:42 Which cryptocurrencies will survive and prosper 10:10 How can...

Download
2017 / 7 / 14

Hits and misses

Articles mentioned in this #Podcast: Now comes ‘deconvergence’ Inside ACE Securities’ HEL Trust, Series 2005-HE5 Introducing the Grant’s Supermodel Credit Portfolio 2:52 Grant’s 1987 bearish call on #Japan...

Download
2017 / 7 / 10

The least self-aware people on earth

1:38 #Rates so high you can observe them 3:14 #Fed minutes recap 7:14 No such thing as a #wealth effect 10:14 #Inflation is too damn low 14:46 Excess capacity in the #restaurant industry 18:36...

Download
2017 / 6 / 30

Big, dumb Japanese banks

:07 Intro 1:16 Japanese banks and their #dollars 5:55 TCW's Tad Rivelle channels David Stockman 8:14 Janet #Yellen isn't worried 11:30 "The way forward is clear." Is that so? 14:02 #Kraft Heinz CEO responds...

Download
2017 / 6 / 26

Hear, hear Jim Bianco

2:25: Everything in #Illinois is going broke 6:07: Flattening yield curve, this time is different? 9:15: #Fed vs bond market 12:42 Charles Evans discovers #Amazon 16:20 We need #inflation? 19:00 Which way...

Download
2017 / 6 / 19

Rate hikes past, present and future

1:31 The #Fed is determined to hike #rates 5:28 Record private business #debt 8:17 Tightening cycles can have outsized consequences 9:00 The #German grocers are coming 11:30 #Fairway’s dead-wood expansion...

Download
2017 / 6 / 2

Taxi! Taxi!

No Description

Download
2017 / 5 / 26

The biggest pyramid scheme the world has yet seen

No Description

Download
2017 / 5 / 18

Best statesman, worst investor

No Description

Download
2017 / 5 / 15

Vol’ is the only asset class

No Description

Download
2017 / 5 / 12

The costs of tranquility

No Description

Download
2017 / 5 / 4

See here, Ben Bernanke

1:36 New ETF & historically low volatility in markets 5:29 The unseens of the Ben Bernanke recovery 7:40 Lorenz on Swiss National Bank 10:51 What’s going on with Sprint? 14:05 Demand in automobile market...

Download
2017 / 4 / 24

Capital controls in your future?

3:50 Why Singapore government debt is the best long idea 6:56 Are there any strong currencies? 9:33 Death of mercantilism 12:45 Napier on populism & the American Constitution 15:48 Where to buy stocks 19:30...

Download
2017 / 4 / 20

How not to get rich

1:53 French Presidential election 4:10 Guide for the buyer of euro-denominated French sovereign credit 8:30 Grant & Lorenz react to NY Fed President remarks on how markets are instruments of policy 10:57 Why...

Download
2017 / 4 / 6

Free speech for bears

0:29 Identifying short ideas 7:02 Cohodes on his approach 12:12 stamps.com model 23:23 Cohodes on Bank of the Internet 28:51 What’s going on w/ Canadian housing market? Subscribe to Grant’s Podcast on iTunes...

Download
2017 / 4 / 6

A short history of excess

1:27 Grant & Lorenz on Jeffrey Lacker resignation 4:00 Will Donald Trump seriously consider a return to gold standard? 6:03 Fighting the Fed during a prior peak 14:32 The story of #2 Wall St Subscribe to...

Download
2017 / 3 / 23

Bulls in unison

1:33 Lorenz on the Eurodollar futures 4:01 What happened to hedge funds? 5:56 Are prices in grocery stores deflating? Subscribe to Grant’s Podcast on iTunes & Stitcher. Grant’s Interest Rate Observer is...

Download
2017 / 3 / 8

All together now

1:57 What will the Federal Reserve do & potential implications 4:25 Lorenz on the bull & bear cases for oil 9:36 The inflation rate you haven’t heard of Subscribe to Grant’s Podcast on iTunes & Stitcher....

Download
2017 / 2 / 22

Credit, cars trouble

0:24 Inside the latest edition of Grant's 2:10 Lorenz on auto-lending 5:27 Warren Buffett & leveraged transactions in restaurant stocks 8:45 What is secular stagnation? Subscribe to Grant’s Podcast on iTunes...

Download
2017 / 1 / 27

Just enough about interest rates

1:40 Nature of cycles & interest rates 6:35 What the current market climate means for your portfolio 10:00 History of treasury securities 15:35 Service of history to the markets 18:57 End of rising bond...

Download
2017 / 1 / 26

Grant's Interest Rate Observer

0:28 Introduction & history of Jim Grant of Grant’s Interest Rate Observer 4:20 Grant’s services and how it differentiates from mainstream outlets 6:40 How Grant’s ‘fades’ a consensus 9:45 Why to investigate...

Download