Wednesday, June 4, 2014

Jim Grant Discusses Bubbles and Bargains - Do We Have Any of Either Today?

Top Income Stocks To Own For 2015

Jim Grant thinks that the Federal Reserve and central banks around the world have wildly overdone the easy money policies that followed the 2008 financial crisis.

Today Grant thinks there is a great distortion if not a bubble in high yield "junk" bonds where rates do not nearly compensate for the risk involved.

As for stocks he likes, Grant is truly contrarian. He recommends Russian gas giant Gazprom (MIC:RTGZ) which sells at a price to earnings ratio of 2.5 times and has a dividend yield of 5% with only a 15% payout ratio.

About the author:Canadian Valuehttp://valueinvestorcanada.blogspot.com/
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Latest Guru Picks Value Strategies
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Insider Trends 10-Year Financials
52-Week Lows Interactive Charts
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MIC:RTGZ STOCK PRICE CHART

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