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Jim Grant Interviewed on Nightly Business Report

4 July, 2008 Fundamental Analysis | @ 3:04

This week’s “Market Monitor” guest on the Nightly Business Report on PBS was Jim Grant of Grant’s Interest Rate Observer. You can read the transcript.Host Paul Kangas asked Grant how the consumer is doing: GRANT: The consumer is hard-pressed, Paul. He and she have been
about the worst short sale in the history of finance. American consumers
have spent through thick and through thin, especially it seems thin. These
days they are very over extended and I expect them to do much less spending
and much more savings….
Original Source: www.controlledgreed.com

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