Saft News

Catalonia Shows Euro’s Weak Links: Commentary by James Saft

Just when Spain, and the euro zone, needed it least, along comes the Catalan secession drama to remind us exactly how many parties, peoples and factions have the potential to undermine the single currency’s salvation. Not that Catalonia is likely …

Negative Rates and Currency Wars: Commentary by James Saft

It may be better to think of the outbreak of negative interest rates as simply another weapon in an ongoing and global low-grade currency war. It’s not that negative interest rates – under which investors pay for the privilege of …