New Trial Subscription for Grant's Interest Rate Observer & June 12th Issue is Released
NEW YORK, June 12, 2013 /PRNewswire/ -- Starting this week, Grant's Interest Rate Observer is offering an 8 issue trial subscription to first time subscribers. The trial subscription is $369 (US), which includes a complimentary copy of Jim Grant's "Mr. Market Miscalculates" a book described by the Financial Times as, "the most perceptive book on the current financial crisis yet published."
Also, the June 12th issue of Grant's Interest Rate Observer is published and available to the public today. This new issue is available for download at www.grantspub.com for all subscribers.
The issue includes the following articles:
On the authority of Bill Gross
The 32-year-old bull market in bonds is kaput, the founder of Pimco tweeted the other day. The implication of this seismic shift in interest rates (if such a shift has, in fact, occurred) is the subject at hand.
Rooting rates higher
Many a financial institution has been rooting for a normalized yield curve. The ZIRP-y structure of rates in place punishes them on both sides of the balance sheet. Low rates mean that assets yield less and liabilities cost more. Rising rates deliver a double measure of relief. Who stands to benefit?
Beijing to Sydney
Herewith an update on China (sinking), Australia (sympathetically sinking), and a handful of Grant's short-sale names (also sinking, except for the one that soared). Our longstanding China backstory has lately moved front and center. China's banking and credit structures are evidently cracking.
BRIC-laying
As we go to press, India is going out of business, or so it might appear. The rupee is quoted at 58.4 to the dollar, cheapest on record. India's current account deficit is swelling, inflation is raging, and car sales are dwindling. What to do?
Contact
To learn more please contact
Eric Whitehead, Media Relations
2 Wall Street, New York NY
Office: (212) 809-7994
Fax: (212) 809-8492
[email protected]
To follow Jim Grant on Twitter: @GrantsPub
SOURCE Grant's Interest Rate Observer
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article