Don’t expect coordinated easing

September 22, 2011

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

HUNTSVILLE, Ala. – That much-anticipated global coordinated easing won’t be global, won’t be coordinated and won’t even be much of an easing.

One-note Geithner’s leverage song

September 21, 2011

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

HUNTSVILLE, Ala. – Tim Geithner went a very long way on Friday to accomplish very little, flying to Poland to pitch to the assembled euro zone finance ministers the same tactics that have worked so poorly in the U.S.

As politics fails, will central banks step back

August 18, 2011
James Saft is a Reuters columnist. The opinions expressed are his own.

HUNTSVILLE, Ala,  – We’ve grown accustomed to central banks swooping to the rescue when events overtake governments’ ability to address economic and market fractures.

For the Fed, faith may not follow transparency

April 28, 2011

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

HUNTSVILLE — Wednesday was a weird day, caught somewhere between being a victory for the paranoid and a genuine step forward for openness and transparency.

3 numbers spell danger: $100, 3.44, 20

February 24, 2011

If you think the recovery is firm and the risk of deflation has vanished, look at the three following numbers: $100, 3.44 and 20.

Bonds, risk and Bernanke’s intentions

February 10, 2011

Will bond investors keep faith with U.S. government debt amid signs of growing global inflation?

Currencies: war, tragedy or farce?

February 8, 2011

Call it what you like — war, tragedy or farce — but the disagreement over global currency exchange rates shows no sign of coming to a peaceful negotiated agreement.

Good luck hedging against inflation

February 3, 2011

Looking to hedge against a spike in inflation? Equities may not be much help.

Neither, for that matter, will you do all that well over the longer haul with bonds, cash or even commodities, at least on the historical evidence. In short, when it comes to investing, inflation is a real drag.

Good-bye credit crunch, Hello slog

January 25, 2011

If you have forgotten the credit crunch it appears you have company: U.S. banks are lending again.

Fed hits its 3rd mandate: rising shares

January 18, 2011

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

Apparently not satisfied with being unable to fulfill its dual target of price stability and maximum employment the Federal Reserve has set itself a third mandate: higher asset prices.