Using Benford’s Law to avoid corporate chicanery

July 8, 2015

July 8 (Reuters) – Investors wanting to dodge the next
Enron, or just outperform the market, might want to pay
particular attention to the first digits, and only the first
digits, in numbers in company accounts.

As China suspends reality, sit tight: James Saft

July 7, 2015

July 7 (Reuters) – Only an excessively brave investor would
bet that China’s increasingly desperate moves to prop up its
stock market won’t work; only a fool would bet that they will.

Commodities delivering, more or less, as advertised

June 18, 2015

NEW YORK, June 18 (Reuters) – The great commodities gold
rush of the last decade may not have paid off exactly as
investors hoped, but some evidence indicates the asset class is
performing more or less as advertised.

From pre-FOMC drift to post bump: James Saft

June 17, 2015

June 17 (Reuters) – Investors didn’t get their usual
pre-Federal Open Market Committee meeting drift higher in
stocks, but they did get a bit of a post-announcement bump.

Fed hike could precede bubble, not pop it: James Saft

June 16, 2015

By James Saft

(Reuters) – Sure the Fed is going to hike, but maybe not high enough and quickly enough to impair one of the few of their tools which actually still works: rising equity prices.

Liquidity isn’t coming back, and thank goodness: James Saft

June 11, 2015

June 11 (Reuters) – Liquidity, by which I mean the official
subsidy for liquidity in financial markets, isn’t coming back
and we should all be glad.

Forget finding that stock-picking savant

June 10, 2015

June 10 (Reuters) – If active fund managers are to have any
hope of outperforming the passive alternative they are probably
going to have to be good at picking stocks.

Emerging markets throw a Fed rate hike sulk: James Saft

June 9, 2015

June 9 (Reuters) – With the prospect of a U.S. interest rate
rise this year becoming more realistic, emerging markets will
throw, if not quite yet a tantrum, then a sulk.

Something else to get used to – lower stock prices: James Saft

June 4, 2015

June 4 (Reuters) – It may be more than bond market
volatility that investors need to get used to; lower stock
prices may also be a feature of the bond market reset.

Save well early, allocate well late

June 3, 2015

By James Saft

(Reuters) – Concentrate on savings when you are young, but worry more about making the right asset allocation as you get closer to retirement.