What if the market has it right?: James Saft

July 8, 2014

July 8 (Reuters) – The past 15 years of bubbles and busts
notwithstanding, sometimes it may be best to just assume
financial markets have got it right.

Jobs data doesn’t change Yellen sweet spot: James Saft

July 3, 2014

July 3 (Reuters) – Good news on the jobs front is even
better news for investors in risk assets as it does little to
move markets away from the Janet Yellen sweet spot.

Re-thinking the equity glide path

July 2, 2014

July 2 (Reuters) – The equity weighting glide path – the
idea that savers should cut risky holdings of stocks
mechanically as they approach retirement – is an appealing
metaphor, easy to understand and instinctively right feeling.

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.