Jim Grant Has A Message For Investors: A Walk Of Shame And A Hangover Await You Tomorrow Morning

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Jim Grant: My grown children have sort of a naughty phrase they say: beer goggles. Meaning the charitable perception that comes over one after a pop or two with respect to a member of the opposite sex.
Bloomberg's Tom Keene: Really!
Jim Grant: Investors collectively, unknowingly have been wearing interest rate goggles.

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