NEW YORK, Nov. 13, 2013 /PRNewswire/ -- The November 15th issue of Grant's Interest Rate Observer, a journal of the financial markets, is published and available to the public. This issue is now available for download at www.grantspub.com for all subscribers. To subscribe please visit: http://www.grantspub.com/subscribe or call John D'Alberto: (646) 312-8890.
The current issue includes the following articles:
INTRODUCING THE GRANT'S STORY STOCK INDEX
No bull stock market is complete before the debut of the kind of equity that's valued on the quality of its narrative. "The road is better than the inn," wrote the immortal Cervantes centuries before the Twitter IPO. Herewith, a review of the new crop of story stocks.
OKAY TO INHALE
We write to extol the speculative merits of certain municipal revenue bonds, exempt from taxes and protected from inflation. Complex and controversial, these securities are high-yielding for a reason.
ALL YOU CAN EAT
One could almost say that if this multiple-sprouting specialty retailer of natural and organic food didn't exist, Wall Street would have to invent it.
'ABUNDANCE OF CAUTION'
Open before us is a letter from a Swiss bank to an American client; "Zurich, October 2013" is the dateline. The security of one's funds is the subject of the letter—and the subject of this essay, too.
DEFICITS IN SELF-AWARENESS
"Regulators need to do more to create incentives to force banks to act sooner to steer away from impending icebergs," New York Fed President William C. Dudley tweeted on Oct. 18. Dudley may devote a second tweet to exploring the source of the icebergs.
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SOURCE Grant's Interest Rate Observer