Jim Grant “You can either have cheap stocks or you can have good news, but you can’t have both,”

– James Grant, Publisher of Grant’s Interest Rate Observer, Douglas Borthwick, managing director and head of currency trading for Faros Trading LLC, and Michael Harkins, president of Levy Harkins & Co., talk about the U.S. and global economies, central banks’ monetary policy and currency markets. They speak with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)