http://www.ft.com/markets/john-authers A weekly column that examines the long-term market trends that affect investors globally en (PICS-1.1 "http://www.classify.org/safesurf/" L gen true for "http://www.ft.com/" r (SS~~000 1)) © Copyright The Financial Times Ltd 2013. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse. Sun, 16 Jun 2013 20:17:13 GMT Thu, 20 Jun 2013 06:24:02 GMT client.support@ft.com (Client Support) 15 Newspapers http://www.ft.com/rss/markets/john-authers http://im.ft-static.com/m/img/rss/RSS_Default_Image.png http://www.ft.com/markets/john-authers http://www.ft.com/cms/s/0/8f7832c8-d4da-11e2-b4d7-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Professor Lo’s idea for a cancer-fighting ‘super fund’ is not without risks but it deserves to be given a chance Sun, 16 Jun 2013 20:17:13 GMT http://www.ft.com/cms/s/0/8f7832c8-d4da-11e2-b4d7-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 8f7832c8-d4da-11e2-b4d7-00144feab7de http://www.ft.com/cms/s/0/4bae637e-d4ed-11e2-b4d7-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Rising Treasury yields is a straightforward reaction, but other explanations of recent dramatic moves are hard to choose between Fri, 14 Jun 2013 14:49:18 GMT http://www.ft.com/cms/s/0/4bae637e-d4ed-11e2-b4d7-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 4bae637e-d4ed-11e2-b4d7-00144feab7de http://www.ft.com/cms/s/0/9ac64b62-cf79-11e2-a050-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Political systems that intensify inequality, or that work exclusively for the benefit of particular groups, carry the seeds of their own destruction Sun, 09 Jun 2013 12:36:51 GMT http://www.ft.com/cms/s/0/9ac64b62-cf79-11e2-a050-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 9ac64b62-cf79-11e2-a050-00144feab7de http://www.ft.com/cms/s/0/ece16cf0-cf6b-11e2-a050-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Long-term investors have few places to hide because, unusually, both bonds and stocks are expensive, writes John Authers Fri, 07 Jun 2013 14:36:19 GMT http://www.ft.com/cms/s/0/ece16cf0-cf6b-11e2-a050-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct ece16cf0-cf6b-11e2-a050-00144feab7de http://www.ft.com/cms/s/0/6ef557fa-ca09-11e2-8f55-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct The term, surely pejorative, refers in general to the ever-more-convoluted plumbing that banks constructed in the years leading up to 2007 Sun, 02 Jun 2013 12:03:38 GMT http://www.ft.com/cms/s/0/6ef557fa-ca09-11e2-8f55-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 6ef557fa-ca09-11e2-8f55-00144feab7de http://www.ft.com/cms/s/0/5345ab46-c9e0-11e2-8f55-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Financial innovation is emerging independently of big institutions, and governments should step back and see what works, writes John Authers Fri, 31 May 2013 14:03:22 GMT http://www.ft.com/cms/s/0/5345ab46-c9e0-11e2-8f55-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 5345ab46-c9e0-11e2-8f55-00144feab7de http://www.ft.com/cms/s/0/2c4c2dae-c5f2-11e2-99d1-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct It is not a question of whether countries have ‘emerged’ in terms of economic growth, but in their basic economic institutions, John Authers Sun, 26 May 2013 18:00:34 GMT http://www.ft.com/cms/s/0/2c4c2dae-c5f2-11e2-99d1-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 2c4c2dae-c5f2-11e2-99d1-00144feab7de http://www.ft.com/cms/s/0/0d23f524-c3d1-11e2-8c30-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Episode shows the vital question for markets is the Fed, and when and how it withdraws its stimulus programme, writes John Authers Fri, 24 May 2013 08:48:19 GMT http://www.ft.com/cms/s/0/0d23f524-c3d1-11e2-8c30-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 0d23f524-c3d1-11e2-8c30-00144feab7de http://www.ft.com/cms/s/0/c40cfed8-be4b-11e2-bb35-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Equities rally in the face of flat earnings is partly down to how companies are deploying cash, but this will do little to boost economic growth Sun, 19 May 2013 15:07:29 GMT http://www.ft.com/cms/s/0/c40cfed8-be4b-11e2-bb35-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct c40cfed8-be4b-11e2-bb35-00144feab7de http://www.ft.com/cms/s/0/6d7bc18e-be1a-11e2-bb35-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Small investors in the US have grown ever smarter and more informed over the last decade, while their counterparts on the other side of the Atlantic have not Fri, 17 May 2013 20:56:20 GMT http://www.ft.com/cms/s/0/6d7bc18e-be1a-11e2-bb35-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 6d7bc18e-be1a-11e2-bb35-00144feab7de http://www.ft.com/cms/s/0/d37b5afa-b99a-11e2-9a9f-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct This boom is driven by fear, and a desire to maximise income safely, but capitalism thrives when some companies are forced to the wall Sun, 12 May 2013 11:50:54 GMT http://www.ft.com/cms/s/0/d37b5afa-b99a-11e2-9a9f-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct d37b5afa-b99a-11e2-9a9f-00144feabdc0 http://www.ft.com/cms/s/0/0c950a66-b270-11e2-8540-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct The next five or ten years may well be devoted to a bid to improve energy efficiency, says a report guiding equity investors, John Authers says Sun, 05 May 2013 12:14:50 GMT http://www.ft.com/cms/s/0/0c950a66-b270-11e2-8540-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 0c950a66-b270-11e2-8540-00144feabdc0 http://www.ft.com/cms/s/0/a461508a-b3fa-11e2-ace9-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct What matters most to stocks’ rally is central bankspeak. Central banks want companies to borrow, and investors to buy risky assets Fri, 03 May 2013 18:35:35 GMT http://www.ft.com/cms/s/0/a461508a-b3fa-11e2-ace9-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct a461508a-b3fa-11e2-ace9-00144feabdc0 http://www.ft.com/cms/s/0/39c2b484-afeb-11e2-8d07-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Tensions around sovereign credit have been dissipating fairly steadily for nine months – and yet banks are still tightening their lending Sun, 28 Apr 2013 15:04:20 GMT http://www.ft.com/cms/s/0/39c2b484-afeb-11e2-8d07-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 39c2b484-afeb-11e2-8d07-00144feabdc0 http://www.ft.com/cms/s/0/0326ec82-ae61-11e2-bdfd-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Fears of a disaster, as in a break-up for the euro, have been reduced but the sense that bad economic news will mean goodies from the ECB is misplaced Fri, 26 Apr 2013 18:15:59 GMT http://www.ft.com/cms/s/0/0326ec82-ae61-11e2-bdfd-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 0326ec82-ae61-11e2-bdfd-00144feabdc0 http://www.ft.com/cms/s/0/0d7e905a-aa1e-11e2-9c7b-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct There is room for debate about how markets became entangled, but main factor is the risk of crisis and subsequent economic crash, writes John Authers Sun, 21 Apr 2013 20:01:42 GMT http://www.ft.com/cms/s/0/0d7e905a-aa1e-11e2-9c7b-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 0d7e905a-aa1e-11e2-9c7b-00144feabdc0 http://www.ft.com/cms/s/0/c73c0c60-a8d5-11e2-bcfb-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct The logic for a price drop has been assembled over many months but disappointing global growth is reason to be worried for the long term Fri, 19 Apr 2013 15:06:35 GMT http://www.ft.com/cms/s/0/c73c0c60-a8d5-11e2-bcfb-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct c73c0c60-a8d5-11e2-bcfb-00144feabdc0 http://www.ft.com/cms/s/0/e6fcfff4-9df5-11e2-bea1-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct Only a small band of managers consistently outperform index benchmarks, with successes often diluted once client fees are taken into account Fri, 05 Apr 2013 15:11:29 GMT http://www.ft.com/cms/s/0/e6fcfff4-9df5-11e2-bea1-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct e6fcfff4-9df5-11e2-bea1-00144feabdc0 http://www.ft.com/cms/s/0/5e8d2476-97c6-11e2-97e0-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct The Cyprus crisis has produced what optimists might call a nice buying opportunity but it has also set important precedents which cannot be reversed Sun, 31 Mar 2013 18:21:10 GMT http://www.ft.com/cms/s/0/5e8d2476-97c6-11e2-97e0-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_john-authers%2Ffeed%2F%2Fproduct 5e8d2476-97c6-11e2-97e0-00144feabdc0