Financial thought leader and historian James Grant believes there are economic reasons behind the unexpected appeal of presidential candidates Donald Trump and Bernie Sanders. He explains why they have touched a popular nerve.
Grant also shares an insightful article he wrote about Trump in 1990 when Trump’s real estate business was under serious financial pressure.
Is the 100th anniversary of the creation of the Federal Reserve a cause for celebration or condemnation? Has the Fed, as Ben Bernanke said, “come full circle back to the original goal of preventing financial panics?” Two financial historians, James Grant and Richard Sylla, debate the benefits and dangers of the Fed and explore its history with us. Continue Reading »
Vanguard REIT Index ETF (VNQ)
Morningstar also recommends holding REITs in a tax deferred account, such as a 401k, because their dividends are taxed as regular income.
WEALTHTRACK Transcript #914- 9/28/12 CONSUELO MACK: This week on WEALTHTRACK, financial historian and thought leader, James Grant, attacks the Fed’s policies of zero interest rates and massive purchases of treasury and mortgage bonds as dangerous to the economy and damaging to savers. Grant’s Interest Rate Observer’s James Grant is next on Consuelo Mack WEALTHTRACK. Hello and welcome to this edition of WEALTHTRACK. I’m Consuelo Mack. Federal Reserve Chairman Ben Bernanke has been widely credited with playing a key role in saving the global financial system from spiraling into a deeper recession. As a recent Financial Times headline read,