June 5, 2023· 42 min

Jim Grant Sees an Era of Higher Rates That Could Last For Years

Orality
Model
81%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(1,947 words)
M:94%
HostTracy Alloway(3,920 words)
M:28%
GuestJim Grant(1,449 words)
M:29%

Oral Indicators

Agonistic24%
absolutely, very, huge
Engagement67%
you, our, your
Memory Aids100%
listen, see, like
Repetition100%
like (99x), know (74x), it's (61x)
Parallelism63%
And I'm Joe Weisenthal...., But here we are over 10,000,00..., So job openings far exceeded, ...
Sound Patterns81%
65 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases5%
i mean, so to speak

Literate Indicators

Hedging11%
may, maybe, rather
Passive Voice6%
are related, is when, is when
Abstract Nouns25%
investment, business, chase.com/business
Subordination7%
because, therefore, since
Sentence Length30%
Avg: 12.4 words/sentence
Word Complexity47%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style33%
540 personal pronouns found
Descriptive Style74%
apply, finally, absolutely

Description

If you think interest rates seem high right now, you might be operating with too short of a perspective. For a longer-term perspective, you'd want to talk to someone like Jim Grant. On this episode of the Odd Lots podcast, the founder and editor of Grant's Interest Rate Observer and a long-time financial commentator talks to us about why we're at the beginning of a longer-term trend of higher rates that could last decades. He argues that investors will struggle to shake off years of "buy the dip" behavior, a ZIRP mentality, and a misplaced faith in the Federal Reserve. We also discuss what it means for market behavior today. See omnystudio.com/listener for privacy information.