Grant's Podcast 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
Bond fun With special guest Edward I. Altman, professor emeritus of finance at New York University's Stern School of Business and scholar of the credit markets. 5/27/2020 28:43 Listen
Class is in session With special guest Bruce Greenwald, academic director of the Heilbrunn Center for Graham and Dodd Investing at Columbia University, adviser at First Eagle Investment Management and former electrical engineer at Bell Labs. 4/29/2020 37:35 Listen
Love and youth and spring Jim, Evan and Phil in conversation. 4/17/2020 20:40 Listen
The Grice Man cometh A lively transatlantic chat with Dylan Grice, co-founder at #Calderwood Capital and author of #PopularDelusions. 4/1/2020 26:23 Listen
What now? An invigorating discussion of current circumstances with #MervynKing, former governor of the #BankofEngland and author of #RadicalUncertainty. 3/27/2020 32:47 Listen
Your biggest mistake Last fall, #Verdad Advisors founder and CIO Dan Rasmussen warned the #Grant’s conference audience against an over-reliance on private equity.  His remarks follow. @verdadcap 3/14/2020 32:13 Listen
Painting A Picture Wendy Battleson and Giulia Costantini, co-founders at Art Strategy Partners, join this week's episode. 3/3/2020 31:53 Listen
The Empire Strikes Out E.J. McMahon, an adjunct fellow at the Manhattan Institute and research director of the Empire Center for Public Policy, joins the show to discuss the sorry state of #NewYorkFinances.  @EjMEj 2/28/2020 31:11 Listen
ESG, avert your ears Charles L. Norton, co-portfolio manager at the Vitium Global Fund, identifies #investment opportunities off the contemporary beaten path. 2/25/2020 24:25 Listen
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 High-yield: record defaults to below average in one year plus what Car company goes to the moon? 2/7/2020 23:55 Listen
Public debt - does it matter? Diminishing GDP returns along with Tax
   2.0 - and the “end of cycles”.  Plus shifting price action and what does the repo flare-up indicate.
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, 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