James Grant

James Grant, founder of Grant's Interest Rate Observer, shares insights from his five-decade career in finance. He discusses the cyclical nature of interest rates and their generational trends, warning that the 2021 bond market top signals major changes ahead. Grant compares inflation to an underground coal fire, driven by geopolitical tensions and capital investment in tangible assets. He also delves into the fragility of private credit markets and predicts gold's resurgence as confidence in paper currency declines, highlighting the importance of patience for investors.

In this discussion, James Grant, founder of Grant’s Interest Rate Observer, shares his insights on the implications of recent U.S. tariffs and their dramatic impact on financial markets. He teams up with Ira Jersey and Will Hoffman to explore the risks for bondholders amid rising inflation and discuss current economic uncertainties. The trio delves into the significant influence of U.S. trade policies on national security and reflects on historical protectionist ideas that resonate today. They also navigate the evolving dynamics of cryptocurrency and its potential threats to market stability.

Financial historian James Grant, founder of Grant's Interest Rate Observer, warns that gold's recent rally poses a threat to U.S. financial dominance. He discusses the declining confidence in the dollar and rising interest in gold by central banks, highlighting potential shifts in global finance. Grant explains how economic uncertainties make gold a stable investment, emphasizing the importance of independent financial strategies while navigating today’s volatile market. His insights challenge traditional investment norms and suggest a reevaluation of asset portfolios.