2min chapter

Odd Lots cover image

Jim Grant Sees an Era of Higher Rates That Could Last For Years

Odd Lots

CHAPTER

The History of Financial Markets

Financial history isn't very cyclical and recurrent, which helps a lot if you can recognize patterns. The wonderful thing about financial markets is that we keep on stepping on the same rake. There's in science, you know, progress is cumulative. We stand on the shoulders of giants, but financial history isn’t very cyclical or recurrent.

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