James Grant, “Astoundingly twisted interest rate structure”
James Grant was recently interviewed at length by Consuela Mack. Grant was very vocal regarding the current interest rate policy of the Fed. He was critical of the morality of providing zero percent returns on savings while allowing speculators to borrow at virtually no cost.
Grant was also concerned about the inflation creep accepted by the Fed as desirable. Grant provided one investment idea in the commercial real estate area; Annaly Capital Management (NLY).
Craig Jennings
April 19, 2011 at 1:29 pm
NLY is a Cramer favorite as well.
mikeross
April 23, 2011 at 1:18 am
Pretty nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed browsing your blog posts. In any case I’ll be subscribing to your feed and I hope you write again soon!
Alethia Barnhardt
April 23, 2011 at 11:26 am
Superb blog post, I have book marked this internet site so ideally I’ll see much more on this subject in the foreseeable future!