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.
All over the world financial advisors and brokers are calling clients and urging them to take steps to “make” or “save” money in light of the British vote on EU membership on Thursday.
This may go down as the year it didn’t happen.
Chinese domestic equities are best avoided, and the reasons go beyond those cited by MSCI in delaying their inclusion in benchmark indices.