James Saft

Recent and archived articles by James Saft

30 Sep 2017 | 7:00 AM

When returns are low, reaching for more is usually unwise

If an investment strategy is good enough for one of the top minds in finance, it is probably good enough for you, right?

2 Sep 2017 | 7:00 AM

Shutdown and default threaten US safe-haven status

Comment by JAMES SAFT
IF the United States does more than flirt with a government shutdown and technical default, old assumptions about the safe-haven status of Treasury debt and the dollar will face unprecedented threats.

19 Aug 2017 | 7:00 AM

No one is paid to front run the apocalypse

Comment - By JAMES SAFT
THAT fund managers are rewarded for hugging the benchmarks they track is a big reason behind the otherwise puzzlingly mild reaction of financial markets to rising tensions and threats between nuclear powers the United States and North Korea.

22 Jul 2017 | 7:00 AM

China’s financial stability focus is good reason to give wide berth

Comment - By JAMES SAFT
CHINA’S all-powerful rulers are taking arguably needed steps to guard against financial risks which is exactly why investors should give the country a wide berth.

20 May 2017 | 7:00 AM

Be thankful for the return of volatility

WEDNESDAY’S bout of equity market volatility may be a blessing in disguise for long-term investors.

13 May 2017 | 7:00 AM

The asymmetric risks of betting on a ‘smooth’ Brexit

THE Bank of England (BoE) basing its forecasts and policy on a ‘smooth’ Brexit ignores its, and Britain’s, asymmetric risks to the downside.

Tight spot: Pedestrians walking past the Bank of England in the City of London. The bank is in a tight spot; the weak sterling has led to above-target inflation – about 3 this year – at the same time wage growth continues to lag and living standards decrease. – Bloomberg
22 Apr 2017 | 7:00 AM

Bubble-spotting, like genius parenting, is rare

“IS this market a bubble?” and “is my kid a genius?” are two questions which are asked far more often, and with less profit, than they should.

15 Apr 2017 | 7:00 AM

Big monetary policy changes needed to fight ‘lowflation’

Comment by JAMES SAFT
THE Federal Reserve may take radical new tactics to fight off the persistent threat of deflation but people and institutions being what they are their playbook the next time will rely heavily on measures used from 2008 to 2015.

Policy options: Bernanke says there are promising policy options that may be able to mitigate the effects of the zero lower bound on interest rates without forcing the public to accept a permanently higher rate of inflation. – AP
8 Apr 2017 | 7:00 AM

As hedge funds and sell-siders tango, regular investors foot the bill

Comment - By JAMES SAFT
IN the financial market race for information, hedge funds, it seems, are the winners.

11 Mar 2017 | 7:00 AM

‘Bull market in politics’ could mean bear market in risk assets

A new era in politics has been a windfall for investors, but the odds are against that being the end of the story.