You've read their prose. Now hear their voices. Listen to Jim Grant and Evan Lorenz talk high finance, Grant's-style, with plenty of wit and historical context to enliven their discussion of today's foremost investment topics.
Welcome to Grant's Current Yield Podcast!
What You'll Get...
- Clear and unconventional thinking
- Analysis both micro and macro
- Ideas both long and short across a range of asset classes
- 35+ years of archived material --yours to browse for free
- Writing you’d read for pleasure alone.
| Name | Description | Released | Duration | Play |
|---|---|---|---|---|
| Picks and pans in biotech | Joe Lawler, M.D., Ph.D. and fund manager, joins this week’s program. On the agenda: #Coronavirus and its potential impact, navigating the “haves and the have-nots.” Is this a golden age in drug discovery? Index investors: the parasites of... | 2/13/2020 | 19:55 | Listen |
| Impossible is extinct |
“Impossible
is
extinct”
2:54 - High-yield: record defaults to below average in one year. 4:47 - Car company goes to the moon. 7:00 - Europe – the hotbed of “impossible” 11:58 - “Impossible” through the decades. Subscribe to Grant’s Podcast... |
2/7/2020 | 23:55 | Listen |
| Public debt - does it matter? |
Public
debt
-
does
it
matter?
1:12 - Diminishing GDP returns 7:34 - Tax 2.0 - and the “end of cycles” 15:10 - Shifting price action, shifting rationalizations 17:03 - What does the repo flare up indicate for the investment demand for public debt?... |
2/2/2020 | 21:11 | Listen |
| The gold show | Ronald Stoeferle, managing partner at Incrementum AG, calls in to discuss pressing monetary matters and to review the investment merits of the Money of Kings. | 1/22/2020 | 33:54 | Listen |
| Quick Change | Investor and writer Tim Bergin calls in to discuss the risks and opportunities associated with our warming planet. | 1/22/2020 | 31:18 | Listen |
| Home Alone | Jim Grant delivers a holiday message and review of 2019 financial events. | 12/27/2019 | 24:12 | Listen |
| Winter reading | Amity Schlaes, author of “Great Society: A New History,” stops by the office to discuss her new book. | 12/22/2019 | 29:39 | Listen |
| Around the horn | Each analyst identifies a notable recent event. Jim provides a winter reading recommendation. | 12/15/2019 | 21:23 | Listen |
| Growth Market | Don Coxe, chairman at Coxe Advisors LLP and commodity investor par excellence, calls in to discuss the latest in agriculture and its implications. | 12/6/2019 | 25:41 | Listen |
| It's a gusher | Leigh Goehring and Adam Rozencwajg stop by the office to discuss opportunities in natural resources. | 11/22/2019 | 27:48 | Listen |
| A short-seller in action | In October 2017, Marc Cohodes unveiled a new idea to the Grant’s conference crowd. His remarks follow. | 11/16/2019 | 47:33 | Listen |
| Let the analytics department pitch to Drumbowski | Jim, Evan and Phil recap highlights from the Grant’s 2019 fall conference and discuss a recent sea change in the business environment. | 11/8/2019 | 22:02 | Listen |
| Time to make the Donuts | Twitter user @Donutshorts calls in to discuss his investment process, assess the world at large and identify some companies which may offer compelling opportunities on the long and short side. | 10/18/2019 | 26:37 | Listen |
| Goldfinger | Rick Rule, president and CEO of Sprott U.S.A. Holdings, Inc., calls in to discuss the outlook for precious metals and offer suggestions on the best ways to invest. | 10/11/2019 | 27:41 | Listen |
| Don’t fear the repo | George Selgin, director of the Cato Institute's center for monetary and financial alternatives, calls in to discuss remarkable recent events in the banking system and the potential implications. | 10/3/2019 | 25:24 | Listen |
| Two for the price of one | Bianco Research president and eponym Jim Bianco calls in to help us make sense of last week’s chaos in short term lending rates. Jonathan Tepper, founding partner at Variant Perception, assesses the commercial landscape and identifies potentially attrac | 9/21/2019 | 30:21 | Listen |
| A conversation with the Dean of High Yield | Marty Fridson, chief investment officer Lehmann, Livian, Fridson Advisors LLC and “One of Wall Street’s most thoughtful and perceptive analysts” according to the New York Times, stops by to discuss all things credit. | 9/12/2019 | 33:42 | Listen |
| He begs to differ | Tuomas Malinen, PhD (econ.) CEO of GnS Economics Limited and Adjunct Professor of Economics at the University of Helsinki, calls in to express his concerns with modern theory and practice. | 8/13/2019 | 22:00 | Listen |
| Jay versus the volcano | Jim Bianco, president of Bianco Research, calls in to discuss the state of markets and central banking following Wednesday’s rate cut. | 8/4/2019 | 27:57 | Listen |
| The data couldn’t be clearer | Jay Van Sciver, head of industrials at Hedgeye Risk Management, comes by to discuss opportunities in cyclicals, the state of the economy and some of our favorite profitless unicorns. | 7/14/2019 | 23:31 | Listen |
| Middle Kingdom microscope | Carl E. Walter, longtime bank executive and coauthor of “Red Capitalism,” joins the program to discuss important recent happenings in China. | 7/5/2019 | 29:58 | Listen |
| Freshly seasoned | Dan Fuss, vice chairman of Loomis, Sayles & Company and fixed income investor extraordinaire, calls in to discuss the state of markets in 2019. | 6/25/2019 | 29:48 | Listen |
| Research Triangle | Rob Arnott, founder and chairman of the board of Research Affiliates, LLC, calls in to assess conditions and opportunities around the world. | 6/21/2019 | 29:48 | Listen |
| Into the plumbing | Jeff Snider, head of global research of Alhambra Investments, calls in to discuss the workings of the modern financial system, and to offer his views on the best ways for investors to position themselves. | 6/11/2019 | 23:49 | Listen |
| Spring chickens | Jim, Evan and Phil assess the state of play in high-yield credit, macroprudential regulation and an instructive recent op-ed in The Wall Street Journal. | 6/5/2019 | 22:32 | Listen |
| Measuring the Middle Kingdom | Christopher Balding, associate professor at the Fulbright University of Vietnam, calls in to discuss all things China. | 5/29/2019 | 27:09 | Listen |
| Double decker | A super-sized episode. Jim, Evan and Phil discuss the latest financial happenings. Sabrina Fox, executive advisor of ELFA Investor Group, details the challenges awaiting creditors in Europe’s loan and high-yield debt markets. | 5/23/2019 | 38:53 | Listen |
| Distressed address | Kent Collier and Sarah Gefter of credit research firm Reorg call in to discuss the latest happenings in distressed debt. | 5/13/2019 | 27:26 | Listen |
| The name’s bond | Andrew Park, senior editor at S&P Global’s LCD unit, joins Grant’s to discuss all things credit. | 5/8/2019 | 24:33 | Listen |
| Around the world in 20 minutes | George Friedman, founder and chairman of Geopolitical Futures, calls in to discuss global goings-on and their potential investment implications. Jim identifies a potential long-term inflection point. | 4/30/2019 | 20:04 | Listen |
| Hedging and hedge funds | Barclay Leib, founder and principal of Sand Spring Advisors, LLC, comes by the office to discuss asset allocation, forensic accounting and Wall Street history. | 4/8/2019 | 22:57 | Listen |
| Fed ahead | Jim, Evan and Phil break down the watershed FOMC meeting this past week. Jim provides his updated reading list. | 3/24/2019 | 23:04 | Listen |
| Investor's Business | Michael Schaus, director of market research for Brenton Point Wealth Advisors LLC and Zweig-DiMenna, stops by the office to discuss the current outlook and to remember the great investor Martin Zweig | 3/12/2019 | 30:57 | Listen |
| Spring training | Jim and Evan discuss the latest monetary happenings, the retirement of a Wall Street legend, and a little baseball. | 3/5/2019 | 23:12 | Listen |
| It’s all relative | Jim and Evan discuss recent happenings, with European credit and banking in focus. | 2/22/2019 | 17:18 | Listen |
| Take 5 | As Japan marks 20 years of ultra-low rates, Jim and Phil take a look at monetary policies around the world. Jim shares his current reading list. | 2/17/2019 | 22:43 | Listen |
| Bullion base | Simon Mikhailovich, lead manager of the Tocqueville Bullion Reserve, stops by Grant's world headquarters to discuss doing business in the modern administrative state. | 2/2/2019 | 27:56 | Listen |
| The Great Repression | Russell Napier, independent strategist and co-founder of the Electronic Research Interchange, joins the program to discuss the state of financial markets and his thought-provoking recent essay in the Financial Times. | 1/23/2019 | 24:16 | Listen |
| Is the Fed broke? | Alex J. Pollock, distinguished senior fellow at the R Street Institute in Washington and former president of the Federal Home Loan Bank of Chicago, calls in to discuss the state of our central bank’s own finances. | 1/17/2019 | 22:52 | Listen |
| Winter warm up | The usual suspects discuss an array of financial happenings, while Jim recaps a recent Grant's field trip. | 1/12/2019 | 20:16 | Listen |
| By the bushel | Keith Bronstein, commodities guru and president of TradeLink Holdings, LLC, calls in to discuss futures, interest rates and his latest big idea. | 12/7/2018 | 29:02 | Listen |
| Bull markets are more fun than bear markets | Bob Farrell, longtime Merrill Lynch head of research, celebrated market technician and author of the widely cited 10 Rules for Investors, calls in to share his insights with Grant’s. | 11/20/2018 | 27:59 | Listen |
| Curated content | Wendy Battleson, co-founder and principal of Art Strategy Partners, shares her expertise on the state of the market and its connection with other asset prices. | 11/13/2018 | 25:42 | Listen |
| Read the fine print | Michelle Leder, reporter and founder of Footnoted.com, stops by to discuss recent trends in corporate accounting and the regulatory environment. | 11/5/2018 | 19:18 | Listen |
| Monopoly money | Jonathan Tepper, founder of macro research firm Variant Perception and author of The Myth of Capitalism, calls in to discuss the rise of corporate monopolies and its implications. | 10/31/2018 | 24:27 | Listen |
| Tomorrow’s sales today | Chris Whalen, publisher of the Institutional Risk Analyst and financial industry expert, stops by the office to discuss the economy, credit and the Fed. | 10/29/2018 | 26:27 | Listen |
| The other side of the boat | Dean Curnutt, founder and chief executive officer of Macro Risk Advisors, joins Grant’s to talk markets, volatility and anticipating the future. | 10/22/2018 | 25:34 | Listen |
| Traffic signals | Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, joins the cast of characters to review pertinent signals in growth, interest rates and inflation. | 10/15/2018 | 23:43 | Listen |
| Kevin Warsh, former Federal Reserve governor. | Kevin Warsh, former Federal Reserve governor and distinguished fellow at the Hoover Institution, pays Grant’s a visit to discuss the state of the world and markets. | 10/9/2018 | 31:29 | Listen |
| Mix and match | Jim, Evan and Phil hold forth on the topics of the day. | 9/26/2018 | 15:16 | Listen |
| The path to a crisis | Dan Gertner, Grant’s alum in the run-up to and the midst of the 2008 crucible, comes back into the fold to review those years of excess and subsequent panic. | 9/14/2018 | 23:23 | Listen |
| Emerging value | John Haskell, head of research at Explorador Capital Management, joins Grant’s to assess opportunities in the particularly beaten down realm of emerging markets. | 9/7/2018 | 21:43 | Listen |
| Current yield | Tony Canale, global head of research at Covenant Review, joins Grant’s to discuss what’s new in credit. | 8/31/2018 | 22:21 | Listen |
| Summer Vacation episode | The usual suspects hold forth on a variety of financial topics, while Jim shares some of his favorite current books. | 8/13/2018 | 15:22 | Listen |
| The battle of the interest rates | Richard Sandor, chairman and CEO of the American Financial Exchange and the Father of Financial Futures, joins Grant’s to help us make sense of the major changes that are coming to the world financial system. | 7/30/2018 | 26:06 | Listen |
| Summertime and the living is easy | China, the leveraged loan market, Netflix and the Los Angeles Dodgers utility-man (why not?) headline another scintillating investment discussion. | 7/19/2018 | 13:26 | Listen |
| Mix and match | Jim, Evan and Phil discuss the world’s various points of pressure, and provide a few other trenchant observations. | 7/9/2018 | 19:10 | Listen |
| Nobody knows nothin’ | A Grant’s variety pack: Jim, Evan and Phil hold forth on an array of topical financial matters. | 7/2/2018 | 21:02 | Listen |
| It’s a bubble eh? | Seth Daniels, founding partner of JKD Capital, LLC, and Ben Rabidoux, president of North Cove Advisors, join Grant’s for a thorough analysis of the Canadian housing market and the potential consequences of a downturn. | 6/18/2018 | 21:19 | Listen |
| The Tesla episode | The indomitable Montana Skeptic (@MontanaSkeptic1) joins Grant’s for a hearty discussion of the most polarizing car company in the world. | 6/11/2018 | 20:53 | Listen |
| Read the footnotes | Francine McKenna, (@retheauditors) transparency reporter at MarketWatch, joins the regular cast of characters to discuss auditing and accounting trends, and their crucial role for investors. | 6/4/2018 | 28:57 | Listen |
| Surf and turf | Jonathan Tepper (@jtepper2), chief editor of Variant Perception, and @John_Hempton, chief investment officer of Bronte Capital Management, share their macro and micro expertise on corporate concentration and corporate fraud. | 5/21/2018 | 18:39 | Listen |
| Loan sharks | Adam Cohen, founder of Covenant Review, joins Grant’s for an insightful overview of our loosey-goosey credit market. | 5/14/2018 | 24:02 | Listen |
| Theory and common sense | Steven D. Bleiberg, managing director and portfolio manager at Epoch Investment Partners, Inc., joins the regular cast of characters for a lively discussion of modern portfolio theory and its limitations. | 4/23/2018 | 22:49 | Listen |
| Financial fulcrums | Jim Bianco, president of Bianco Research, LLC, joins the team to talk bonds, the Fed and much more. | 4/9/2018 | 23:21 | Listen |
| Free money is the enemy of free markets | David Stockman, director of the Office of Management of Budget under President Reagan and master of mazy budgetary arithmetic, joins Jim and Evan for a scintillating discussion of fiscal and monetary matters. | 4/2/2018 | 23:34 | Listen |
| The stuff’s really not good for you. | Jim, Evan and Phil revisit Grant’s 2017 bearish analysis of Facebook, with historical analog. | 3/28/2018 | 16:00 | Listen |
| An epic epoch | Biff Robillard, president and co-founder of Bannerstone Capital Management LLC, joins the team to share his insights on the markets and investors’ state of mind. | 3/26/2018 | 18:06 | Listen |
| Brain box | Ed Yardeni, President of Yardeni Research, Inc. and author of Predicting the Markets, A Professional Autobiography, joins Jim for a lively discussion. | 3/19/2018 | 17:37 | Listen |
| China doll | Jim, Evan and Phil discuss the latest happenings in the Middle Kingdom and around the globe. | 3/12/2018 | 16:23 | Listen |
| The rates puzzle | Stephen Stanley, chief economist and Xavier Negroni, co-head of the finance desk at Amherst Pierpont Securities, join the Grant’s team to try and make sense of the jump in short rates, while speculating on the Fed’s next move. | 3/5/2018 | 21:34 | Listen |
| Index orphans | Jon Boyar, president of Boyar Research, joins the team to discuss opportunities in U.S. equities that are not eligible for the major indices. | 2/5/2018 | 18:12 | Listen |
| Blockchain, what is it good for? | Kai Stinchcombe, co-founder and CEO of True Link Financial, joins the team to discuss his recent article questioning the utility of the supposedly-groundbreaking software for digital assets. | 1/22/2018 | 32:20 | Listen |
| Electric Slide | Mark B. Spiegel, managing member at Stanphyl Capital, joins the team to discuss his favorite ideas, long and short. | 1/16/2018 | 17:07 | Listen |
| Periodical table | Porter Stansberry, founder and editor of Stansberry Research, joins Jim for an enlivening conversation about the business and financial world at large. | 1/1/2018 | 19:01 | Listen |
| Grant's Holiday Episode | Jim wraps up a most unusual 2017 and looks forward to the year to come. | 12/25/2017 | 05:09 | Listen |
| Realty Show | Andy McCulloch, head of real estate analytics at Green Street Advisors, gives Grants the lay of the land. | 12/20/2017 | 24:12 | Listen |
| Is China a Ponzi scheme? | Grant’s welcomes Victor Shih, associate professor at The University of California, San Diego, to discuss that crucial question. | 12/11/2017 | 22:58 | Listen |
| Value Hunt | JHL Capital Group chief investment officer James Litinsky joins Grant’s to share his views on opportunities and risks around the world. | 12/6/2017 | 17:15 | Listen |
| Things you don’t see at bottoms | Special guest Bill Fleckenstein joins the Grant’s team to take inventory of current conditions | 11/27/2017 | 19:09 | Listen |
| The tick-tock of time | A lively discussion of the sometimes-lengthy wait for investment ideas to come to fruition. | 11/22/2017 | 13:58 | Listen |
| Buying low and selling high: A How-to | Jim and Evan welcome special guest Paul Isaac, CEO and Founder of Arbiter Partners, to discuss current opportunities and risks. | 11/10/2017 | 25:44 | Listen |
| The stability paradox | Jim, Evan and Phil hold forth on noteworthy sightings in credit, while Jim challenges a core premise of modern central banking. | 10/30/2017 | 18:14 | Listen |
| Financial revelations of the day | Jim, Evan and Phil take inventory of notable topics and unusual occurrences around the world. | 10/18/2017 | 19:57 | Listen |
| Hamburger Helper | Jim and Evan discuss opportunities and risks in the restaurant industry with John Hamburger, president of the Restaurant Finance Monitor. | 10/11/2017 | 17:35 | Listen |
| Resources roundtable | Jim and Evan discuss the outlook for crude oil and other commodities with fund manager Adam Rozencwajg | 10/2/2017 | 21:35 | Listen |
| The world is linked through arbitrage | Jim, Evan and Phil take inventory of notable financial developments, big and small, around the globe | 9/27/2017 | 14:06 | Listen |
| 20-20 Vison | A common theme connecting some of today’s most popular investments: a very, very long time horizon | 9/18/2017 | 18:07 | Listen |
| Empty seats at the Fed -- and empty data from Facebook | Jim and Evan discuss potential candidates to replace Janet Yellen, as well as some strange doings at The Social Network. | 9/11/2017 | 18:31 | Listen |
| Summer cleaning | Grant's vacation episode. | 8/21/2017 | 03:53 | Listen |
| Alpine slide | Jim and Evan break down the latest from the Swiss National Bank, along with the #Tesla bond offering, #cryptocurrencies and much more. | 8/14/2017 | 20:47 | Listen |
| Texas teatime | An invigorating chat with Frederick “Shad” Rowe; talking Facebook, peak oil and much more | 8/8/2017 | 23:02 | Listen |
| Summer breeze | Jim & Evan talk macro, micro and crypto, with a look under the hood of one of the most popular ETFs. | 7/31/2017 | 19:27 | Listen |
| Episode 21 - An invigorating interview with Trey Reik | An invigorating interview with Trey Reik of Sprott Asset Management. Gold, Cryptocurrencies and more | 7/24/2017 | 32:04 | Listen |
| Hits and misses | A look back at some good calls, and some-not-so-good ones. | 7/14/2017 | 23:07 | Listen |
| The least self-aware people on earth | A fast-moving exegesis of the June minutes of the Federal Reserve’s rate-setting committee. Plus, the world reconsiders the investment merits of low-yielding sovereign debt denominated in depreciation-prone fiat currencies. | 7/10/2017 | 25:23 | Listen |
| Big, dumb Japanese banks | Preview of the next funding crisis; cheers for Tad Rivelle, hisses for Kraft Heinz. | 6/30/2017 | 17:27 | Listen |
| Hear, hear Jim Bianco | The renowned fixed-income analyst discusses the flattening yield curve, the reluctant Fed and the sinking finances of his home city, Chicago. | 6/26/2017 | 24:47 | Listen |
| Rate hikes past, present and future | The Federal Reserve, ostensibly “data-driven,” pledges to continue to lift its tiny federal funds rate. It has never done so in times like these. Also: grocery price wars and a tentacled Chinese insurance company. | 6/19/2017 | 16:13 | Listen |
| Taxi! Taxi! | Uber comes under the Grant's lens. | 6/2/2017 | 23:11 | Listen |
| The biggest pyramid scheme the world has yet seen | Grant’s talks to China authority Anne-Stevenson-Yang. | 5/26/2017 | 28:46 | Listen |
| Best statesman, worst investor | Risk management as taught by---among others---Sir Winston Churchill | 5/18/2017 | 17:44 | Listen |
| Vol’ is the only asset class | The ABCs, and the XYZs, of volatility with Christopher Cole of Artemis Capital Management | 5/15/2017 | 31:34 | Listen |
| The costs of tranquility | A talk with Dean Curnutt, founder and CEO of Macro Risk Advisors | 5/12/2017 | 31:12 | Listen |
| See here, Ben Bernanke | A short survey of grotesqueries in the world that the central banks made. | 5/4/2017 | 18:22 | Listen |
| Capital controls in your future? | Special guest Russell Napier talks with Jim Grant about the coming tumult in currencies and interest rates. | 4/24/2017 | 26:53 | Listen |
| How not to get rich | How not to get rich: A guide for the buyer of euro-denominated French sovereign credit. Tell us again how many times the Fed will hike this year? Jim Grant and Deputy Editor Evan Lorenz host the Grant’s Podcast. | 4/20/2017 | 13:40 | Listen |
| Free speech for bears | Special guest Marc Cohodes runs Alder Lane Farm and is a famed short seller and bull fighter. Twitter: @AlderLaneeggs | 4/6/2017 | 34:17 | Listen |
| A short history of excess | Grant's can only find two precedents for the market's stretched valuation. A look back at a bullish banker who fought the Fed during a prior peak. Also, a discussion of a leak-prone Fed and a populist government. | 4/6/2017 | 16:33 | Listen |
| Bulls in unison | A record net short position in Eurodollar futures raises contrary hackles. Hedge funds-whatever happened to them? And observations on the supermarket bargains for which you may thank ultra-low interest rates and EZ money. | 3/23/2017 | 09:39 | Listen |
| All together now | Jim Grant and Deputy Editor Evan Lorenz with scintillating talk on oil, miniature interest rates and the shockingly high rate of inflation (the rate you possibly haven't heard of). Can a self-styled contrarian be bullish on oil when everyone else is? | 3/8/2017 | 15:08 | Listen |
| Credit, cars trouble | What easy money giveth, easy money taketh away. Jim Grant and Deputy Editor Evan Lorenz on the coming glut in off-lease cars and trucks. | 2/22/2017 | 12:20 | Listen |
| Just enough about interest rates | The most important prices in capitalism have a long, colorful, and-in the capable hands of James Grant-witty history. What the past may teach about the future. | 1/27/2017 | 20:06 | Listen |
| Grant's Interest Rate Observer | James Grant and Deputy Editor Evan Lorenz share the story of how this celebrated beacon of skeptical long-form financial journalism prospered in an age of credulous inattention. | 1/26/2017 | 19:31 | Listen |
