James Saft

  • Suspension of disbelief

    Confronting an economy in which falling unemployment is failing to kindle inflation, as the supposed laws of economics say it should, the European...

  • Canny bet

    MARKET With equity indexes at all-time highs, global mutual fund and ETF investors may be choosing now as the time to reverse a long-running move...

  • US economic miracles

    COLUMN America is truly a land of miracles: high profits without investment and low unemployment without wage growth - the economic equivalent of...

  • Falling returns

    FINANCE Try to hide wherever you like but periods of rising interest rates mean lower returns. The Federal Reserve raised rates for the first time...

  • Attention pays dividends

    COMMENT When it comes to investing, you may not actually be your own worst enemy. Despite ample evidence that individual investors very, very often...

  • Technology kills

    WEALTH Frustrated that you can’t properly diversify your portfolio anymore and are unwillingly taking on more risk? Blame the internet, or...

  • High-pressure economy

    MARKETS Good monetary policy it may or may not be, but a "high pressure economy" would bring significant risks for stocks and bonds. Fomenting a...

  • Patience is the principal virtue

    MARKETS If you are going to use active investment managers you may want to limit yourself to those who are both truly active and, crucially,...

  • Falling population, growth and prices

    COLUMN It may be time to question our common faith that the only natural and acceptable path is growth: for population, for prices and for the...

  • They mean it now

    TREASURY Taking a page out of the high school relationship handbook, the Federal Reserve has a message for financial markets: start paying...

  • The story is no story

    TREASURY It is a testament to, er, something, that a man with Donald Trump’s track record becomes the presumed Republican nominee for...

  • Target-date funds

    WEALTH Your lifecycle fund with its tapering equity allocation may be injurious to your wealth. Lifecycle, or target-date funds, which are...

  • Fund manager’s privilege

    FINANCE You might want to consider firing your money manager in favour of a woman or someone from a less wealthy background. Two recent studies...