Jim Grant of Grant's Interest Rate Observer discusses current market environment, why fear is overpriced in the market and where investors might find bargains and increase yield.
-- What is attractive in this uncertain macro economic environment: There is trouble but there are opportunities as well from trees, from raw land to equities.
-- Fear is overpriced in the market.
-- On the U.S. - Though European central banks continue to expand, the U.S. Fed is out of the limelight and continues to shrink its assets.
Here is the video: