The Great Debate UK

from The Great Debate:

It’s tough to modify your way out of a hole

July 14, 2009

jamessaft1(James Saft is a Reuters columnist. The opinions expressed are his own)

If you thought the U.S. housing crash could be blunted if only lenders would cut delinquent borrowers a break, it is perhaps time to move on to another vain hope.

from The Great Debate:

The dollar’s Tinkerbell moment

By J Saft
July 7, 2009

James Saft (James Saft is a Reuters columnist. The opinions expressed are his own.)

Repeat after me: "I believe in a strong dollar as the primary global reserve currency, I believe in a strong dollar as the primary global reserve currency."

from The Great Debate:

Bonds swamped in fair weather or foul

May 29, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Come good news or bad, the U.S. treasury market is taking a sell now and wait for inflation later strategy.

from The Great Debate:

California, harbinger of hard U.S. choices

May 27, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

California's fiscal train wreck should be watched warily by investors in U.S. Treasuries; as the start of a trend among states seeking bailouts, as a source of pressure on Federal funds and as a harbinger of hard choices at national level.

UK property: a pig that won’t fly

By J Saft
May 22, 2009

james-saft1- James Saft is a Reuters columnist. The opinions expressed are his own –

The pig that is British property is furiously flapping its wings, but despite signs of a recovery in prices and activity, rest assured there will be no take-off.

from The Great Debate:

The ugly attraction of fast shrinking Japan

May 21, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Sure, seeing your economy shrink at a 15 percent annual clip is depressing, quite literally, but if you believe in even a tepid global economic recovery in the second half, then Japan is actually attractive.

from The Great Debate:

U.S. should batten down the TARP

By J Saft
May 15, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

The U.S. faces a lengthening series of request from industries and interests seeking shelter under the Troubled Asset Relief Program, most of which it should dismiss out of hand.

from The Great Debate:

Get ready for the “Great Immoderation”

By J Saft
May 8, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

The recession will soon be dead, laid to rest alongside the idea of the "Great Moderation", a set of hopeful assumptions that underpins expectations about economic growth and asset valuations.

from The Great Debate:

Fishing for the housing bottom in San Diego

By J Saft
March 30, 2009

-- James Saft is a Reuters columnist. The opinions expressed are his own --
jimsaftcolumn6
When prophetic long time bears turn a bit cuddly, it is usually best to take notice.  A real estate maven who rejoices in the "nom-de-blog" of Professor Piggington has now, after five years of correctly shouting bubble, labelled San Diego housing prices "reasonable" based on the latest available housing data.

from The Great Debate:

Accounting change won’t save banking

By J Saft
March 13, 2009

James Saft Great Debate —James Saft is a Reuters columnist. The opinions expressed are his own. –

By all means reform accounting, but for pity's sake take your time and keep your expectations low.