Jim Grant is the founder and editor of Grant’s Interest Rate Observer. He discusses:
• Inflation, interest rates, and bonds• Possible implications of rising inflation on monetary & fiscal policy• Ways to diversity a traditional 60/40 portfolio
From The Episode:“All things in this life are transitory. I think that’s not exactly what Jay Powell meant a year ago. The inflation we see has been with us for more than a year and at levels that attract peoples’ notice. And so, it has not been transitory, nor do I expect that it will be over shortly.”
