James Saft, Reuters Columnist
James Saft's columns feature twice weekly in the International Herald Tribune and widely elsewhere. Before beginning his column, he directed all global coverage of economics and financial markets for five years at Reuters. His column won a Best in Business award in 2008 from the Society of American Business Editors and Writers. Before that he was global investment editor and chief correspondent, London capital markets. He has covered mortgage banking for American Banker before the term "subprime" was coined and syndicated lending for Reuters LPC in both London and New York.
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Saft: What started with expensive stocks could easily spread to more conservative investments.
Fed is clueless on interest rates, says Saft.
Being 52% cash at a young age is like mailing yourself a very, very slow letter bomb, says Saft.
- Too lame rather than too big to fail
- Big fear, no action shows ECB limits
- Break the money market buck
- Bank lending surge: good or really bad
- About those Fed rate hikes
- Autonomy trumps annuity
- Fed turns hawkish or fumbles message