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Treasurys are not safe, says Grant's Interest Rate Observer founder

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'What is safety? Is it not price in value? If that's the definition then treasurys are, I would say, inherently not safe, but rather inherently unsafe,' says Grant’s Interest Rate Observer Jim Grant on the past week's market volatility.

 

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Market research guru Jim Grant predicts the Fed 'will definitely blink' on interest ratesThe Fed won't end up raising interest rates as aggressively as projected, says the editor of the Grant's Interest Rate Observer newsletter. I'm sorry, I can't take anything seriously that's said by a man not in a tuxedo wearing a bow tie. I hope he's right though. This guy is Bill Nye post meth addiction
Source: CNBC - 🏆 12. / 72 Read more »