Risk-on, risk-off may be ending: James Saft

January 29, 2013

By James Saft

(Reuters) – The after-effects of the Great Crisis may still be with us, but the great correlation in global financial markets may be coming to an end.

It’s not Apple’s fault, it’s ours

January 24, 2013

By James Saft

(Reuters) – The problem, investors, lies not in Apple but in ourselves.

Apple’s disappointing earnings report and its subsequent 10 percent-plus stock market fall on Thursday are a timely reminder that there are a lot of idiots out there.

How to stop worrying and love currency wars: James Saft

January 23, 2013

Jan 23 (Reuters) – You might want to learn to stop worrying
and love currency wars, which are here to stay and, for
investors, might not be all that bad.

Geithner allegations beg Fed reform: James Saft

January 22, 2013

By James Saft

(Reuters) – Allegations that Timothy Geithner, then head of the New York Federal Reserve, may have told banks ahead of time about a surprise policy move in 2007 underscores the pressing case for reform to safeguard the integrity and independence of the central bank.

Goldman’s smart move on pay

January 17, 2013

Jan 17 (Reuters) – This is how capitalism is supposed to

Goldman Sachs has cut back sharply on employees’
piece of the revenue pie, taking it to 21 percent for the fourth

JP Morgan, margins and speculation: James Saft

January 16, 2013

By James Saft

(Reuters) – The risk controls may have changed but many of the preconditions for JP Morgan’s epic speculative loss remain – for all too-big-to-fail banks.

ECB saves euro, lets economy hang: James Saft

January 15, 2013

By James Saft

(Reuters) – Mario Draghi has saved the euro, for the time being, but seems less inclined to help the economies in which it is used.

Active management’s slow bleed

January 10, 2013

By James Saft

(Reuters) – Punished by another year of bad performance from active investment managers, there is some encouraging evidence that investors are finally wising up.

Earnings rest on shaky legs: James Saft

January 9, 2013

Jan 9 (Reuters) – There are two big-picture reasons to doubt
corporate earnings: they are improbably high and there are
significant reasons to think they are being gamed.

Basel’s golden ticket for bankers: James Saft

January 8, 2013

By James Saft

(Reuters) – Bankers may just have gotten another golden ticket.

The Basel Committee on Banking Supervision, a global group of central bankers and regulators, unveiled on Sunday newly diluted plans intended to make banks capable of withstanding the next crisis, giving banks more time to meet softer requirements and, critically, hugely loosening proposed rules over the kinds of assets banks will be encouraged to hold.