Grant's Current Yield Podcast

Jim, Evan and Phil assess the state of play in high-yield credit, macroprudential regulation and an instructive recent op-ed in @WSJ.

1:40 #Trump and the USS John McCain

5:24 Do businesses need a rate cut?

10:26 An Aiful-ly low yield

16:16 Alternatives to raising rates

Subscribe to Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant's Interest Rate Observer is available at http://www.grantspub.com

Christopher Balding, associate professor at the Fulbright University of Vietnam, calls in to discuss all things China.

@BaldingsWorld

1:43 Dramatic change in the air. Social credit risk

5:15 Economic growth, real and reported

9:25 "They are shorter on dollar liquidity than most people realize"

15:11 Huawei: What do we make of it?

23:18 Inflation vs. deflation

Subscribe to Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant's Interest Rate Observer is available at http://www.grantspub.com

A super-sized episode. Jim, Evan and Phil discuss the latest financial happenings. Sabrina Fox, executive advisor of ELFA Investor Group, details the challenges awaiting creditors in Europe's loan and high-yield debt markets.

@freewheelingfox

https://www.linkedin.com/in/sabrina-fox-45b29b7b/

https://elfainvestors.com/

1:12 Unicorns: Where's the beef?

11:06 This Compass points away from the profits

15:38 European credit, a bird's-eye view

23:02 Covenant erosion on either side of the Atlantic

29:33 Information asymmetry and liquidity in the secondary market

Subscribe to Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant's Interest Rate Observer is available at http://www.grantspub.com

Kent Collier and Sarah Gefter of credit research firm @Reorg call in to discuss the latest happenings in distressed debt.

www.reorg.com

@DDinvesting

3:51 2007, then and now

7:16 Taking inventory of the cycle

12:51 The J. Crew "trapdoor." Innovation or gimmick?

18:02 Deteriorating accounting standards

20:38 Issues that might ring the bell

Subscribe to Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant's Interest Rate Observer is available at http://www.grantspub.com

Andrew Park, senior editor at S&P Global's LCD unit, joins Grant's to discuss all things credit.

1:35 The current cycle: What's different?

5:45 CDOs in 2008 and CLOs today. Similarities and differences

12:01 Promised acquisition strategies: Dreams don't always come true

15:55 Credit managers need new supply, and borrowers happy to oblige

https://www.spglobal.com

https://www.linkedin.com/in/andrew-park-1b87642/

https://twitter.com/apark_

Subscribe to Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant's Interest Rate Observer is available at http://www.grantspub.com

George Friedman (@GPFutures), founder and chairman of Geopolitical Futures, calls in to discuss global goings-on and their potential investment implications. Jim identifies a potential long-term inflection point. 1:17 Germany's upside-down banking system 7:29 Bad loans: A Chinese specialty 9:45 What to expect 90 years out? 14:28 The "Time Magazine indicator"

.@GPFutures

https://www.linkedin.com/in/georgefriedmangpf/

https://www.facebook.com/GeorgeFriedmanGPF/

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Subscribe to the Grant's Current Yield Podcast on iTunes, Stitcher, iHeart Radio, Google Play Music or listen from our website, www.grantspub.com

Barclay Leib (@btl0823) founder and principal of Sand Spring Advisors, LLC, comes by the office to discuss asset allocation, forensic accounting and Wall Street history.

1:44 Rules for selecting fund managers

5:40 Where does "edge" come from?

8:18 Fun and games in fund returns

12:17 The famous Hunt brothers trade

18:30 Unfavorable prices? Regulate them away

Subscribe to the Grant's Current Yield Podcast on iTunes, Stitcher, iHeart Radio, Google Play Music or listen from our website, www.grantspub.com

Jim, Evan and Phil break down the watershed FOMC meeting this past week. Jim provides his updated reading list. 1:00 A startling announcement 5:15 2003 redux 10:08 E-Z money in the #economy 15:30 "Tools" and "frameworks" and "challenges" .@federalreserve

Subscribe to the Grant's Current Yield Podcast on iTunes, Stitcher, iHeart Radio, Google Play Music or listen from our website, www.grantspub.com

Michael Schaus, director of market research for Brenton Point Wealth Advisors LLC and Zweig-DiMenna, stops by the office to discuss the current outlook and to remember the great investor Martin Zweig.

https://brentonpoint.com/ 1:37 The European Central Bank takes it easy

6:40 Negative interest rates, back in vogue

12:39 Market cap to GDP: An useful indicator?

20:50 Weighing stock picking vs. macro

Subscribe to the Grant's Current Yield Podcast on iTunes, Stitcher, iHeart Radio, Google Play Music or listen from our website, www.grantspub.com

Jim and Evan discuss the latest monetary happenings, the retirement of a Wall Street legend, and a little baseball.

1:17 The Fed's listening tour and William McChesney Martin

8:20 Inflation catch-up

12:45 "A lack of dynamism"

13:00 Bill Gross and the Bank of Japan

.@federalreserve

.@bank_of_japan_e

Subscribe to the Grant's Current Yield Podcast on iTunes, Stitcher, iHeart Radio, Google Play Music or listen from our website, www.grantspub.com