Grant's is an independent, value oriented and contrary minded journal of the financial markets.
| MoreGreek monetary back story
While 21st century Greek fiscal and financial management may leave a little something to be desired, the record of German monetary stewardship in the Hellenic Republic is supremely worse. During Nazi occupation in World War II, Greece suffered famine, pestilence, wholesale killings and hyperinflation. The last-named plague is the topic at hand. | Download Article
Block trade
Since the boom went boom, these pages have featured bullish accounts of houses for sale in a variety of exotic settings. We have sung the praises of the bargains on offer in Detroit, Marco Island, Fla., Fishers Island, N.Y., and the rocky Maine coast, to name a few places in which most people do not, in fact, live. We now turn to ordinary single-family houses in prosperous southeastern cities. | Download Article
When in Athens
Implied in the valuation of a certain internationally competitive Greek engineering company is that there will be no company after 2013. Never mind the bailout, the euro or—just possibly—the drachma, we say. There’s nothing like a cheap stock. | Download Article
When in Athens
20991231G30N04C1N30048 0051 00044801 0003METTK@GA PPC@GA MYTIL@GA 0002US EUR 0000 Title: When in Athens Short description: Keywords: Metka, Mytilineos, EPC, Greece, engineering Company: Metal Constructions of Greece, S.A., Public Power Corp., Mytilineos Holdings
Cheap bet on change
The interest-rate futures markets take the Bank of Bernanke at its word. They register just about zero likelihood of an upward move in money-market interest rates in the next two years. Is the world so predictable? | Download Article
Water, water everywhere
Dollars cost nothing to produce. Yet they are increasingly hard to come by in Asia and Europe. Central banks may have them. Commercial banks urgently need them.
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