Central banks and all tomorrow’s parties: James Saft

July 1, 2014

July 1 (Reuters) – In focusing on their traditional role as
guardians of the punchbowl, central banks are failing to see how
tonight’s party always slides into tomorrow’s need for a
hangover cure.

Drawing a line between pricey markets and globalization: James Saft

June 26, 2014

June 26 (Reuters) – If global policy makers are wrong about
globalization, and they could be, we may be in for more low
growth, low rates and the high asset prices they support.

Likelihood and risk are not the same

June 25, 2014

June 25 (Reuters) – The GDP release is a salient reminder
that right now, the big risk for most investors is that the
consensus is too complacent.

The leveraged-up less well off and profits

June 4, 2014

June 4 (Reuters) – Americans are borrowing more, renting
more rather than owning, eating in restaurants more and saving
less, leading inevitably to questions of sustainability.

Can the low volatility bargain hold?

June 3, 2014

By James Saft

(Reuters) – It is this year’s bargain: central banks will remain easy, allowing asset prices to march higher despite all those pesky details about growth and inflation.

Can the low volatility bargain hold?: James Saft

June 3, 2014

June 3 (Reuters) – It is this year’s bargain: central banks
will remain easy, allowing asset prices to march higher despite
all those pesky details about growth and inflation.

Cheap vs affordable, Apple edition: James Saft

May 29, 2014

May 29 (Reuters) – Apple’s $3 billion purchase of
headphones and music business Beats shows exactly how foggy our
thinking about the distinction between ‘cheap’ and ‘affordable’
has become.

Cheap vs affordable, Apple edition: James Saft

May 29, 2014

May 29 (Reuters) – Apple’s $3 billion purchase of
headphones and music business Beats shows exactly how foggy our
thinking about the distinction between ‘cheap’ and ‘affordable’
has become.

Leverage, complexity and amnesia

May 28, 2014

May 28 (Reuters) – Investors appear to have forgotten two
prime lessons of the last crisis: complexity is expensive and
leverage is dangerous.

Economics and politics align for ECB: James Saft

May 27, 2014

By James Saft

(Reuters) – If there is anything more sobering for a central banker than failing to meet the bank’s mandates, as the European Central Bank arguably has, it is having one’s very legitimacy challenged.