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May 31, 2019, Vol. 37, No. 11

Fresh faces for America’s currency

An action plan to advance the cause of monetary diversity in America.

In which we erred

In the issue of Grant’s dated May 3, we had bullish things to say about a trio of baby bonds that yielded more than 6%. We wrote before we truly understood what we were talking about.

New misery index

Presenting the New Grant’s Misery Index. For a financialized America in which the S&P 500 has taken over the national mood.

Small big bet

China’s “special administrative region” isn’t your father’s Hong Kong and confidence is the most important kind of capital.

Headline news

Investors seek risk in muni-land.

Total addressable hope

The levitating share prices of a pair of hot stocks may point to the certain and final automation of the bond market – or to nothing more newsworthy than the familiar fact that EZ money is good for the stock market.

Dots need connecting

When do deficits matter?

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