-James Saft is a Reuters columnist. The opinions expressed are his own-
A dilemma at the heart of the response to the financial crisis is that the antidote to so many ills actually causes the symptoms to worsen.
Hedge funds sponsored by the U.S. Treasury are reporting eye-popping returns, but the costs to taxpayers and households could end up being massive.
As any schoolteacher knows but the Federal Reserve will soon learn, threats and promises are the tools of the weak.
QE2 — a second round of quantitative easing — means that soon the U.S., Japan and Britain will all be busily exporting their deflation, raising the question: Just how much pain can the euro zone take?
While “decoupled” is not the same as “immune”, look for growth and investment performance in emerging markets to be better than in the sclerotic developed world.
The Federal Reserve is committed to enticing Americans into doing once again what worked out so badly in the last decade: spending the phony paper gains engineered by overly loose monetary policy.
If the global currency war was a baseball game, they would have to invoke the “slaughter rule” and send China home the winner.