For the Fed, faith may not follow transparency

April 28, 2011

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

HUNTSVILLE — Wednesday was a weird day, caught somewhere between being a victory for the paranoid and a genuine step forward for openness and transparency.

Oil gets “evil speculator” buy signal

April 26, 2011

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

HUNTSVILLE — If history is any indication, the Obama administration’s investigation into oil speculators makes now a potentially great time to load up on oil futures.

Triumph of gold, the anti-investment

April 21, 2011

In investing, extreme behavior is becoming more mainstream every day.

How else can we interpret the extraordinary moves by the University of Texas’ endowment fund to not only buy nearly $1 billion of gold, equal to about 5 percent of its assets, but to insist on taking physical delivery of the precious metal.

S&P U.S. warning — late and welcome

April 19, 2011

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

Standard & Poor’s decision to put the U.S. on warning that it may lose its AAA debt rating is both deliciously absurd and genuinely earthshaking.

Government shutdown may kill corporate debt

April 14, 2011

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

If you are worried about the impact of a U.S. government shutdown on markets, you might just want to look past Treasuries and keep a weather eye on corporate bonds.

Banks 1, nation states nil

April 12, 2011

The battle between the banks and nation states is shaping up as something that lies between a phony war and a rout.

Budget cuts to test banks’ mettle

April 7, 2011

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

While it may well be a case of cut the U.S. budget or suffer a bond crisis, the current debate begs a question: who will pick up the slack in the economy and who exactly will finance them?