Jim wraps up a most unusual 2017 and looks forward to the year to come.

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Andy McCulloch, head of Real Estate analytics at Green Street Advisors, gives Grants the lay of the land.

1:18 Does the "everything bubble" include RE?

4:44 Breaking down the #Westfield acquisition

13:02 Cheap financing in #Europe and international arbitrage

16:24 "What would #Buffett buy?" CapEx creates mispricings

21:21 Current attractive opportunities

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Grant’s welcomes Victor Shih, associate professor at The University of California, San Diego, to discuss that crucial question.

0:40 The #Steinhoff Saga

6:47 Is #China set up for near term financial calamity?

9:12 Debt service rising faster than #GDP

13:13 We owe it to ourselves

17:30 Economic rebound ahead of the #19th Party Congress

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JHL Capital Group chief investment officer James Litinsky joins Grant’s to share his views on opportunities and risks around the world.

0:56 #India: Country of the future?

4:50 Current opportunities after a strong #rally

8:18 How to play late cycle in the #U.S.

10:47 The most vulnerable financial #assets

14:34 How much #cash to hold?

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Special guest Bill Fleckenstein joins the Grant’s team to take inventory of current conditions

1:35 Triple-B-rated #bonds yielding less than zero

5:43 #Bitcoin and the apocalypse

7:28 #Tech, then and now

12:34 #Trump and volatility

15:52  What’s different this time?

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A lively discussion of the sometimes-lengthy wait for investment ideas to come to fruition

1:53 #GE in 1990

7:50 Mortgage #bonds in 2006

11:52 Valeant #Pharmaceuticals in 2014

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Jim and Evan welcome special guest Paul Isaac, CEO and Founder of Arbiter Partners, to discuss current opportunities and risks.

1:54    Paul’s #bitcoin trading strategy

7:40    Value in #Japan

12:30  Other periods of technological #disruption 14:45  Is #Exxon vulnerable to a market downturn?

17:14  Strategies for an expensive market

20:37  Paul’s favorite #stocks in the U.S.

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Jim, Evan and Phil hold forth on noteworthy sightings in credit,  while Jim challenges a core premise of modern central banking. 

0:43 #ECB taper announcement

2:36 Taylor Rule funds rate and the flattening yield curve

5:05 The search for “stability”

8:35 Kobe Steel bondholder surprise

9:55 10-year yield at a key level

12:14 The last great #bond bear.  In like a lamb…

14:01 “Unprecedented in degree, persistence and circumstance”

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Jim, Evan and Phil take inventory of notable topics and unusual occurrences around the world.

2:50 Blackrock and Vanguard assets approach #China GDP

5:59 Indexation, or unmanaged #money?

7:13 Magically shape-shifting earnings at #GE

10:30 Market Makers: New kids on the block

12:43 1987 stock market #crash turns 30

17:47 #Treasury curve pancakes

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

Jim and Evan discuss opportunities and risks in the restaurant industry with John Hamburger, president of the Restaurant Finance Monitor.

0:53 Employment trends and #business activity

2:42 Low rates begets overcapacity

6:28 Risks for franchisees

8:10 Who owns the #real estate?

11:45 Global synchronized recovery and record #credit creation

14:20 Timeless cyclical psychology

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