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March 2, 2020 | Grant: Rate Cut Unlikely to Stop the ‘Value Restoration Project’

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

The idea that central banks are at the end of once-in-a-generation asset inflation tricks is, understandably, terrifying long-always allocators and the corporate-sponsored media. In this clip, panic in the hosts is palpable.  Those with financial and investment discipline, on the other hand, welcome downcycles as a much needed ‘value restoration project.’

Just a few months after putting the Fed on hold, Chairman Powell is once again under pressure from the markets to take action. Jim Grant, founder and editor of Grant’s Interest Rate Observer, joins “Squawk Box” to discuss. Here is a direct video link.

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March 2nd, 2020

Posted In: Juggling Dynamite

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