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.
The forces that prompted China to tap its strategic pork reserve may explain more than just the price of pig in Beijing.
Activist and passive investors make unlikely bed-fellows but there is reason to think they work well together.
The development of self-driving cars is a good example of how, and why, the future may be a less profitable place for investors.