Introduction

James Grant, founder and editor of the highly influential market journal Grants Interest Rate Observer says today's markets are at one of the highest levels of speculation in history. Adam Tagert: In the Fed would seem to be flying in the face of the gods. It's toying with the fates, it seems to me, and this does not resemble anything like macroeconomic analysis. We're so honored that you're making time to speak with us today. Thanks so much for coming on the program.