Draghi and his magic bee: James Saft

July 31, 2012

By James Saft

(Reuters) – Beware central bankers selling euros employing false analogies.

European Central Bank President Mario Draghi invited us last week to believe a string of unlikely things when he compared the euro’s travails to the supposedly impossible flight of the bumblebee.

Not the summer of love

July 26, 2012

By James Saft

(Reuters) – With risks of a U.S. recession mounting, it is shaping up to be a hairy summer for investors.

Spain’s scratch-card solution: James Saft

July 26, 2012

By James Saft

(Reuters) – It doesn’t get much worse than a state like, say, Spain, borrowing money through a lottery.

Italy, Spain and the war on short-selling: James Saft

July 24, 2012

By James Saft

(Reuters) – After four years of failure, Italy and Spain have opened yet another pointless front in Europe’s war against reality.

Imagining a global crash every two years

July 19, 2012

By James Saft

(Reuters) – It just might be time to rethink that global diversification strategy.

Beware when leaders speak the truth: James Saft

July 19, 2012

July 19 (Reuters) – If there is one thing more worrying than
leaders avoiding the truth it is when they start to speak it.

Forget TBTF, banks too big for investors: James Saft

July 17, 2012

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

By James Saft

(Reuters) – Never mind that our largest banks are too big to be allowed to fail, they show every sign of being too big for investors.

Santa Claus Fed and equity returns: James Saft

July 12, 2012

By James Saft

(Reuters) – Since 1994, according to the New York Federal Reserve, 80 percent of U.S. stocks’ excess returns occurred in the 24 hours before scheduled announcements by the Federal Open Market Committee.

Negative rates and the currency wars: James Saft

July 10, 2012

By James Saft

(Reuters) – It may be better to think of the outbreak of negative interest rates as simply another weapon in an ongoing and global low-grade currency war.

Preparing for negative rates

July 5, 2012

July 5 (Reuters) – If you are not prepared for negative
interest rates, you may have left it too late.