The debt deal and the risk-eating zombies: James Saft

October 10, 2013

By James Saft

(Reuters) – As if they weren’t already risk-eating zombies, investors are being further conditioned to close their eyes and buy.

Meet the new Fed, same as the old Fed

October 9, 2013

Oct 9 (Reuters) – The Yellen era will feature more of the
same: the same monetary policy and the same unanswered
questions.

By worshipping markets, we’ve crippled them: James Saft

October 3, 2013

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

By James Saft

(Reuters) – The interaction of financial markets and debt standoff shows how by worshipping markets, we’ve crippled them.

Gridlock holds perils for stocks

October 2, 2013

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

By James Saft

(Reuters) – Don’t kid yourself: if you hold equities you ought not to welcome political gridlock.

Forget fundamentals, it’s all about government: James Saft

October 1, 2013

By James Saft

(Reuters) – Get used to it: in today’s dysfunctional investment landscape, most risk is, at bottom, government risk.

Foxtons, the London bubble stock: James Saft

September 24, 2013

By James Saft

(Reuters) – It is hard to imagine, much less find, a better exemplar of how capital gets misallocated in a bubble than British property agent Foxtons, whose stock was publicly listed last week.

Go along on Bernanke’s scary fun ride

September 19, 2013

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

By James Saft

(Reuters) – Sometimes it is better not to over-think things.

The Fed’s non-taper is one of those times.

The U.S. central bank is encouraging you as an investor to sit back, enjoy the warm water and take on some risk.

Fed does right thing in wrong way for wrong reasons

September 18, 2013

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

By James Saft

(Reuters) – The Federal Reserve did the right thing in the wrong way and very likely for the wrong reasons.

Market, economy in rare alignment on Summers: James Saft

September 17, 2013

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

By James Saft

(Reuters) – With the withdrawal of Larry Summers from consideration to run the Fed we have that rare thing: an alignment between what the market wants and the economy needs.

Lehman’s legacy of inequality: James Saft

September 12, 2013

Sept 12 (Reuters) – Of the many regrettable aspects of the
failure of Lehman Brothers, perhaps the worst is that it led to
policies which expanded and reinforced economic inequality in
the U.S., often through unfair means.