Jim Grant, founder and editor of Grant’s Interest Rate Observer, speaks with “Squawk Alley” on the Fed and Jerome Powell.
The Fed’s Balance Sheet Should Be Smaller, Says Jim Grant
Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%. Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More
What do you think of the discussion?
I think that people are too certain about things about which they should not be said. The future is a closed book to begin with. And secondly we are. In a moment that literally has no press and almost everything in finance has been seen before. What is new and different is the following. You have eight and a half trillion dollars worth of securities priced to yield less than zero worldwide. At no point in the Treasury