Grant's Interest Rate Observer is a financial publication founded by James Grant in 1983. It focuses on interest rates, investment strategies, and economic trends, providing insights for investors and financial professionals. The newsletter is known for its in-depth analysis and contrarian viewpoints. Each issue features commentary on various financial markets, including stocks, bonds, and commodities. Grant's Interest Rate Observer also highlights historical perspectives on interest rates and monetary policy, making it a valuable resource for understanding current economic conditions and potential future developments.