Kate Duguid
@kateduguid.bsky.social
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I'm the US markets editor at the Financial Times
reposted by
Kate Duguid
Dan Diamond
3 days ago
5 million-plus kindergartners now live in counties where schools donât have âherd immunityâ for measles, Washington Post reporters found. WaPo also built a tool to look up your own county. Exceptional, and alarming work by
@laurenweberhp.bsky.social
@caitlingilbert.bsky.social
et al. (Gift link.)
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U.S. vaccination rates are plunging. Look up where your school stands.
Take a look to see what the kindergarten measles vaccination rates are in your area.
https://wapo.st/49zDc43
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Kate Duguid
Erin Reed
4 days ago
2025 has been an incredibly hard year for trans people. And yet... the political project to erase us is failing. In spite of them having so many levers of power, many of us have continued to thrive, and new pathways open up every day to get around the attacks. My case for hope for 2026.
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The Case For Hope: Transgender Rights Going Into 2026
This last year has been one of the hardest years for transgender people in memory. Somehow, though, I'm feeling hope going into 2026.
https://www.erininthemorning.com/p/the-case-for-hope-transgender-rights
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A spokesman for Summers said he âhad absolutely no knowledge that he was included in an early version of Epsteinâs will and had no involvement in his financial matters or the administration of his estateâ.
www.ft.com/content/cff3...
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Jeffrey Epstein appointed Jes Staley and Lawrence Summers as executors of his will
Newly released DoJ documents point to deep ties between influential men and late sex offender
https://www.ft.com/content/cff3b2aa-9a98-45e6-bc56-82eb4c90e1ff
11 days ago
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A lovely honest piece by Diane Coyle, better known for her work on GDP
www.the-independent.com/life-style/i...
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I was so ugly ...
Diane Coyle was born with a facial growth. Why did she wait so long before having the cosmetic surgery that changed her life?
https://www.the-independent.com/life-style/i-was-so-ugly-1271090.html
11 days ago
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Kate Duguid
Streetsblog NYC
15 days ago
A pedestrian was killed by the driver of a massive SUV while crossing the street on the Lower East Side on Thursday night.
buff.ly/Pp5HbJ6
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Pedestrian Killed by Hit-and-Run Driver on Crowded Lowest East Side Street - Streetsblog New York City
The driver kept going. EMTs took the badly injured woman to Bellevue Hospital, where she died.
https://nyc.streetsblog.org/2025/12/19/pedestrian-killed-by-hit-and-run-driver-on-crowded-lowest-east-side-street
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Kate Duguid
New York Attorney General Letitia James
16 days ago
To all the young people in New York and across our country who count on gender-affirming care: I won't let this administration come for you, your doctors, or your lifesaving health care. Your health care is still legal and protected. I'll always fight for you.
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Kate Duguid
Erin Reed
16 days ago
7. The proposed rule nevertheless asserts that these guidelines would preempt state laws, placing a direct target on the âshield lawsâ enacted by states like California, Minnesota, and New York. The text is explicit in its intent to override state sovereignty.
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Kate Duguid
Erin Reed
16 days ago
5. This rule violates multiple U.S. statutes and constitutional limits on federal authority. Most notably, Section 1801 of the Social Security Act explicitly bars the federal government from using Medicaid regulations to exercise direct supervision or control over the practice of medicine.
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Kate Duguid
Erin Reed
16 days ago
1. The federal government has just attempted to enact a national trans youth care ban. A new HHS rule would shutter most gender-affirming care for trans youth nationwide. It violates multiple laws and the constitution, and will likely go into effect in a few months. Our latest story here:
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Nationwide Trans Youth Care Ban Imminent As Trump Admin Announces "Nuclear Option" Federal Rule
The new federal rule formalizes previous threats to hospitals to pull Medicaid funding, and represents a significant legal stretch by this administration.
https://www.erininthemorning.com/p/nationwide-trans-youth-care-ban-imminent
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Kate Duguid
Eric Michael Garcia
16 days ago
Warnock tells me he intends to vote against the anti trans bill passed by Marjorie Taylor Greene
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Kate Duguid
Micah
16 days ago
I take it all back we should absolutely let AI run the vending machines
add a skeleton here at some point
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Another banger from George
www.ft.com/content/e39a...
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Nasdaq vs stock scams: the flesh is willing, but the spirit is weak
Not everyoneâs convinced the exchange has a power problem
https://www.ft.com/content/e39a2e23-362d-44b1-9c6e-01b1467ff1b2
16 days ago
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Kate Duguid
Rep. Leigh Finke
16 days ago
Rep. Leigh Finke statement on proposed rules and actions from HHS on Trans Health Care
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Kate Duguid
Theresa Gaffney
16 days ago
BREAKING: Trump admin officially proposes new CMS rules to restrict trans health care for young people, including one that would change the conditions for hospitals to participate in Medicare/Medicaid by barring those that offer gender-affirming care to minors.
www.statnews.com/2025/12/18/t...
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In major effort to end gender-affirming care, Trump administration takes aim at hospitals
The Trump administration intends to make its most forceful attempt yet at restricting gender-affirming care for transgender youth in the U.S.
https://www.statnews.com/2025/12/18/transgender-care-hospitals-trump-cms-rules/
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"A new review of 15 years of research concludes that the evidence of its benefits is often weak or inconclusive, and that nearly 30 percent of medical cannabis patients meet criteria for cannabis use disorder"
www.nytimes.com/2025/12/12/h...
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Review of Medical Cannabis Use Finds Little Evidence of Benefit
https://www.nytimes.com/2025/12/12/health/medical-cannabis-benefits.html
19 days ago
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Good inaugural Breakingviews prediction
www.reuters.com/commentary/b...
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Breakingviews - Scott Bessent will be the real next Fed chair
The US Treasury Secretaryâs tight grip on picking Jerome Powellâs replacement previews a new era for the central bank. A Bessent-led review of the Fedâs $6.6 trln balance sheet and bank regulations me...
https://www.reuters.com/commentary/breakingviews/scott-bessent-will-be-real-next-fed-chair-2025-12-15/
19 days ago
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Kate Duguid
Garry
21 days ago
Robin Ince reveals to last nightâs audience at a recording of Infinite Monkey Cage that the BBC has forced him to resign over his support of trans people
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Beaten to the punch by
@mattpeterson.bsky.social
, but this backs up our piece from last week about concerns among bigwigs on Wall Street about the race for Fed chair
www.ft.com/content/df10...
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Jamie Dimon signals support for Kevin Warsh in Fed chair race
JPMorgan CEO says frontrunner Kevin Hassett would be more likely to back Donald Trumpâs calls for interest rate cuts
https://www.ft.com/content/df10ecea-ab0d-452d-b9dc-ffe54701a49c
22 days ago
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Scoop from Claire! âBut the decision to carry on with additional interviews shows that Hassettâs selection is not guaranteed. Officials have also raised the prospect of Hassett serving for a truncated term.â
www.ft.com/content/307c...
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Donald Trump to kick off final round of Fed chair interviews this week
White House adviser Kevin Hassett to compete with three other candidates for powerful US central bank post
https://www.ft.com/content/307ce3c1-65ee-4d1f-b74a-2f3fdacab175
25 days ago
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reposted by
Kate Duguid
Financial Times
25 days ago
Trump to kick off final round of Fed chair interviews this week
on.ft.com/4rLpd2n
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Trump to kick off final round of Fed chair interviews this week
White House adviser Kevin Hassett to compete with three other candidates for powerful US central bank post
https://on.ft.com/4rLpd2n
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Big old scoop from George tonight
www.ft.com/content/e3c8...
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Crypto treasury underwriter Clear Street plans to list in new year
Firm close to Trump familyâs media group has emerged as a beneficiary of digital asset craze sweeping global markets
https://www.ft.com/content/e3c88930-c62e-4aea-bf67-2c0517703fcc
29 days ago
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reposted by
Kate Duguid
Paul Bigland
about 2 months ago
Optimistic defibrillator locations, an occasional series...
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theonion.com/rock-apparen...
add a skeleton here at some point
30 days ago
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Kate Duguid
Ned Resnikoff
about 1 month ago
Super interesting post on fertility from
@mtkonczal.bsky.social
mikekonczal.substack.com/p/the-eldest...
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The Eldest Millennials Had the Same Fertility as the Youngest Baby Boomers
How U.S. fertility is happening later, not less.
https://mikekonczal.substack.com/p/the-eldest-millennials-had-the-same
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"When Hassett, a career economist whose work has focused on tax policy, met with TBAC earlier this year, he spent little time talking about markets, instead pitching White House priorities, including a discussion about Mexican drug cartels, these people said."
www.ft.com/content/ad4b...
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Bond investors warned US Treasury over picking Kevin Hassett as Fed chair
Some market participants worried candidate for top central bank job will be swayed by Trump on interest rates
https://www.ft.com/content/ad4bfd8b-a0f8-4f9e-a234-eed589e3d0ab
about 1 month ago
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reposted by
Kate Duguid
Carl Quintanilla
about 1 month ago
Four-byline alert: đš (FT) - Bond investors have told the US Treasury they are concerned about Kevin Hassettâs potential appointment as Federal Reserve chair, worrying he will cut interest rates aggressively to please President Donald Trump.
@financialtimes.com
www.ft.com/content/ad4b...
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SCOOP: Bond investors warned US Treasury over picking Kevin Hassett as Fed chair
www.ft.com/content/ad4b...
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Bond investors warned US Treasury over picking Kevin Hassett as Fed chair
Some market participants worried candidate for top central bank job will be swayed by Trump on interest rates
https://www.ft.com/content/ad4bfd8b-a0f8-4f9e-a234-eed589e3d0ab
about 1 month ago
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My latest: Bond investors warned US Treasury over picking Kevin Hassett as Fed chair
www.ft.com/content/ad4b...
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Bond investors warned US Treasury over picking Kevin Hassett as Fed chair
Some market participants worried candidate for top central bank job will be swayed by Trump on interest rates
https://www.ft.com/content/ad4bfd8b-a0f8-4f9e-a234-eed589e3d0ab
about 1 month ago
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reposted by
Kate Duguid
OlĂșfáșčÌmi O. TĂĄĂwĂČ
about 1 month ago
I support the LGBTQ community but I am very slightly annoyed that "giving tuesday" is now ambiguous
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reposted by
Kate Duguid
Dominique Baker
about 1 month ago
Very good piece on the quite fast rollout of "AI-powered" textbooks in South Korea. The government went from making the textbooks mandatory to supplementary because of complaints and now the textbook companies are suing because "the market suddenly disappear[ed]."
restofworld.org/2025/south-k...
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AI-powered textbooks fail to make the grade in South Korea
South Koreaâs AI learning program was rolled back after just four months following a backlash from teachers, students, and parents, underlining the challenges in embedding the technology in education.
https://restofworld.org/2025/south-korea-ai-textbook/
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reposted by
Kate Duguid
George Pearkes
about 1 month ago
Dimon practicing some risk management here is a big tell.
add a skeleton here at some point
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Kate Duguid
jael holzman
about 1 month ago
big late breaking news: the market monitor for the largest energy grid in the u.s., covering much of the midwest and mid-atlantic, has called to block new data centers connections to the grid, saying current course of growth assures regular blackouts
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No more PJM data centers unless they can be reliably served: market monitor
The PJM Interconnectionâs market monitor urged the Federal Energy Regulatory Commission to rule that large data centers can only come online if the grid operator can still meet reliability metrics.
https://www.utilitydive.com/news/pjm-data-center-interconnection-market-monitor-ferc-complaint/806527/
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Kate Duguid
Vulture
about 1 month ago
Pope Leo XIV told students not to use artificial intelligence for homework, saying that AI âwonât stand in authentic wonder before the beauty of Godâs creation.â
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Even God Is Worried About ChatGPT
Pope Leo XIV told students not to use artificial intelligence for homework, saying that AI âwonât stand in authentic wonder before the beauty of Godâs creation.â
https://www.vulture.com/article/pope-leo-ai-homework.html?utm_medium=s1&utm_campaign=vulture&utm_source=bluesky
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reposted by
Kate Duguid
Jim Pickard
about 1 month ago
The Office for Budget Responsibility has undermined claims made by government officials that they decided to U-turn on plans to raise income tax because they received an improved fiscal forecast from the watchdog via our FT Budget live blog:
www.ft.com/content/d0a5...
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UK Budget 2025: Reeves raises taxes by ÂŁ26bn
Investors taken by surprise as fiscal watchdog publishes data prematurely
https://www.ft.com/content/d0a55198-4a21-4aa1-8e5c-3711ab279fca
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Limiting warming to 1.5 degrees is now all but impossible. A smart piece on the likelihood of making that âovershootâ temporary
heatmap.news/climate/cop-...
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The Next COP Needs to Confront âOvershootâ
The Paris Agreement goal of limiting warming to 1.5 degrees Celsius is now all but impossible. Limiting â and eventually reversing â the damage will take some thought.
https://heatmap.news/climate/cop-net-zero-overshoot
about 1 month ago
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Kate Duguid
Toby Nangle
about 1 month ago
Despite all the talk of market bubbles, Miran's old shop has put out a call for the S&P500 to triple. Because MAGA.
on.ft.com/4rpFNVp
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Maybe the S&P 500 will triple?
Stephen Miranâs old shop reckons that stocks are ânot even closeâ to a bubble
https://on.ft.com/4rpFNVp
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âI donât know who, really, she thinks I am, and whether she will feel or remember, when I am gone, that I am her mother.â
www.newyorker.com/culture/the-...
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A Battle with My Blood
When I was diagnosed with leukemia, my first thought was that this couldnât be happening to me, to my family.
https://www.newyorker.com/culture/the-weekend-essay/a-battle-with-my-blood
about 1 month ago
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It's Alphaville week
www.ft.com/content/87ac...
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New Yorkers unite against Con Edison; stock falls
Power exchange
https://www.ft.com/content/87ac55c9-306d-492a-ae07-9b52a2a97d33
about 1 month ago
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works again today
add a skeleton here at some point
about 1 month ago
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Big warning from Vanguard's bonds boss Sara Devereux: the market is pricing in way too many Fed cuts
www.ft.com/content/22b5...
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Wall Street is banking on too many Federal Reserve rate cuts, Vanguard warns
Asset management giantâs bond chief says âmassiveâ spending on AI will bolster the US economy
https://www.ft.com/content/22b5e0e8-1db9-44c3-bade-11269f2fa670
about 1 month ago
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Kate Duguid
Ian Smith
about 1 month ago
Timely interview from
@kateduguid.bsky.social
of Vanguard's fixed income head "The market is over-relying on [expected rate cuts]"
www.ft.com/content/22b5...
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Wall Street is banking on too many Federal Reserve rate cuts, Vanguard warns
Asset management giantâs bond chief says âmassiveâ spending on AI will bolster the US economy
https://www.ft.com/content/22b5e0e8-1db9-44c3-bade-11269f2fa670
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about 1 month ago
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maybe big dealers can use the SRF just so I don't have to keep talking about Canadian year-end
about 1 month ago
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âMr. Ackmanâs pivot to dating coach is the latest swerve in a career that has included helping to fund President Trumpâs third campaign, crusading against Harvardâs former president Claudine Gay and competing in a professional tennis tournament.â
www.nytimes.com/2025/11/20/s...
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Trouble Dating? Bill Ackman Is Here to Help.
https://www.nytimes.com/2025/11/20/style/bill-ackman-dating-advice-young-men.html
about 1 month ago
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âHe tells clients that they need to separate trading performance from their view of their self-worth.â
www.wsj.com/finance/inve...
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Hedge Funds Call This Psychologist When Their Traders Start Losing
Dave Popple is tasked with finding who can cut it for hypercompetitive multimanager funds.
https://www.wsj.com/finance/investing/hedge-funds-call-this-psychologist-when-their-traders-start-losing-663a08da?mod=wknd_pos1
about 1 month ago
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"Gloo hopes to pull the Christian faith into the digital age by using âvalues-alignedâ generative AI to distribute content and sell marketing services to ministries and community outreach groups." Another banger from George:
www.ft.com/content/e567...
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Christian tech group tests investorsâ faith in AI deals on Wall St debut
Shares in company backed by former Intel chief Pat Gelsinger waver after scaled-back IPO
https://www.ft.com/content/e567cb36-a4bd-47c9-9fa7-9550dfa434c1
about 1 month ago
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âGoogle Trends is handy for retrofitting data around an argument. What itâs not is a reliable or even methodologically consistent predictor of future performanceâ
www.ft.com/content/f872...
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Chart crimes revisited: the âAI bubbleâ bubble
Google Trends ainât your friend
https://www.ft.com/content/f872b97e-3630-43a0-bc1a-074bb5c6a3ca
about 2 months ago
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reposted by
Kate Duguid
George Pearkes
about 2 months ago
Bloomberg follows up the
@kateduguid.bsky.social
scoop last week reporting on a primary dealer-NY Fed meeting re: the SRF. Most of it is rehash but a couple notable points. It looks like the capital costs of sitting between non-dealers and the Fed are too high to incentivize SRF uptake.
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reposted by
Kate Duguid
George Pearkes
about 2 months ago
UBS trying to blackmail Swiss regulators per this FT scoop
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UBS chair talked to Scott Bessent about moving Swiss bank to US
Discussions came as Colm Kelleher tries to pressure Switzerland to back down over proposed capital rules
https://www.ft.com/content/fc270cb0-a7ad-4fc9-823f-c76c4e352034
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reposted by
Kate Duguid
George Pearkes
about 2 months ago
This is a fun story. What's happening is that a non-traded fund is being rolled into a publicly traded fund. On a NAV (third party marks on the underlying) basis, no losses. But the public vehicle (ticker ODBC) has a market price $2.83 below its $14.89 NAV, so the rolled-in fund gets marked down.
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Blue Owl private credit fund merger leaves some investors facing 20% hit
Asset manager blocks redemptions from one of its first private debt vehicles targeting wealthy individuals
https://www.ft.com/content/8c953f6d-3d30-4657-bda1-ba4c2911c8d8
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