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.
Size does matter in fund management, and if you are an investor it is not helpful.
Once in a while the universe reaches out to explain very complex things in a very simple way.
The main thing terminal about the Federal Reserve’s ‘terminal’ interest rate projections are the chances of rates actually making it that high in the foreseeable future.