James Grant
James Grant
James Augustus Grant, CB, CSI, FRS, FRGSwas a Scottish explorer of eastern equatorial Africa. He made contributions to the journals of various learned societies, the most notable being the "Botany of the Speke and Grant Expedition" in vol. xxix of the Transactions of the Linnaean Society. He married in 1865 and settled down at Nairn, where he died in 1892. He was buried in the crypt of St Paul's Cathedral. Grant's gazelle, one of the largest and handsomest of that...
ProfessionExplorer
Date of Birth11 April 1827
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Hope sustains life, but misplaced hope prolongs recessions.
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What the MOVE index measures is the level of complacency or confidence in the interest rate world. The market chooses not to see much risk in anything.
That's the most important thing for any team.
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Japan is the perfect living laboratory for the proposition that massive fiscal stimulus is not necessarily going to cause interest rates to rise.
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As much anxiety as we might extend over the victims of a rising funds rate, we ought to also spare a thought for the consequences of rates having been here in the first place,
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It seems to me the least-esteemed asset in existence is cash, short-dated treasuries, and I think that is the asset that is going to surprisingly outperform in the years ahead.
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