Jan 28 interview with James Grant by Amanda Lang

[haha]

Fed to Return Rates to Zero With U.S. in Recession: James Grant - Bloomberg Business

Amanda is an excellent interviewer, and James is always interesting. They discuss interest rates, possible recession in US, CAD relative purchasing power parity advantage vis a vis USD, oil prices, differences in oil market dynamics relative to mining markets, and more!

Ha

 

[kcowan]

Interesting that some of what he predicted has already happened in the last month.

CAD had increased from 0.72 to 0.74 along with the oil price increase.

 

[Big_Hitter]

"Costco Wholesale Corp. will lift its minimum wage for the first time in nine years, by a $1.50 an hour, as the labor market tightens and competitors start giving workers a raise"


http://finance.yahoo.com/news/costco-raising-minimum-wage-competition-172259632.html


recession?

 

[MichaelB]

Snippet please?

 

[haha]

Snippet please?

Just delete the post if you don't feel that enough has been given. I am not planning to sit there with my steno-pad and take down quotes.

 

[MichaelB]

Just delete the post if you don't feel that enough has been given. I am not planning to sit there with my steno-pad and take down quotes.

??

I was referring to the post prior to mine, which at the time was just a "naked" link. Big Hitter has kindly added a brief explanation which is very helpful.

 

[Big_Hitter]

It was my bad for not posting a snippet. I edited it.

 

[MichaelB]

It was my bad for not posting a snippet. I edited it.

Much appreciated.

 

[haha]

??

I was referring to the post prior to mine, which at the time was just a "naked" link. Big Hitter has kindly added a brief explanation which is very helpful.

Whoops, sorry about that. I thought you needed direct quotes, not just a summary.

Ha

 

[gcgang]

Thanks for the post. I enjoy hearing what he has to say.

I subscribed to Grant's Interest Rate Observer a couple years ago. He's a very " out of the box" commentator, with very interesting observations. His investment ideas, not so timely. But maybe they will work when the Central Bank experiment/party ends.