Jeff Snider (@JeffSnider_AIP), head of global research of Alhambra Investments, calls in to discuss the workings of the modern financial system, and to offer his views on the best ways for investors to position themselves.  

1:35 Eurodollars: What they are and why they matter

8:20 “There’s something wrong here”

14:55 Paul Volker and the bond bear market.  A mirror to today?

18:02 Contrarianism and consensus

Subscribe to Grant’s Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant’s Interest Rate Observer is available at http://www.grantspub.com