The Fed's decision to cut rates last week have been criticised with inflation above target A dovish turn also risks making a frothy US market frothier, raising financial stability risk My latest in the @financialtimes.com (free-to-read) 👉 on.ft.com/4gEiMZF

Very interesting on Apollo’s clever (and possibly dangerous) arbitraging of capital regulation rules by @leeharris.ft.com on.ft.com/46CguXE The niche debt tool at the heart of Apollo’s private credit machine

Big gap in income gains for 65+ versus working age populations in UK and France, with the increased cost of pensions for governments sending fiscal debts to unsustainable levels and crowding out other spending priorities on.ft.com/46AUDjd

US CPI data is out: inflation continues rising, but the Fed will most likely cut next week due to labour market concerns The tension between price stability and maximum employment will not ease quickly More on the challenge facing the Fed, with lots of charts Free-to-read: on.ft.com/41K2yIn

Very cool sentiment analysis using FT articles by @joelsuss.ft.com. Also brings home how precisely I missed the Good Times. www.ft.com/content/9a99...

Partly because both Trump and Manelson were close friends with Epstein? on.ft.com/47D3G4e Peter Mandelson predicts fresh revelations about friendship with Jeffrey Epstein

After my article on the rise in negative news yesterday, nice to see a good news story!: "the delivery of one of the largest UK infrastructure projects roughly on time and close to budget" on.ft.com/41OFYOS

It was only a matter of time I guess? The question is whether plunging share prices of these crypto hoarders will force crypto fire sales and push down crypto prices, potentially setting off further selling www.ft.com/content/ad06...

It was only a matter of time I guess? Question is whether the plunging shares of these crypto hoarders will force crypto fire sales and push down crypto prices

Sentiment analysis on four decades worth of FT newspaper articles. 🥳 Rreally cool stuff from @joelsuss.ft.com. on.ft.com/4n2TVBq

We read the news today. Oh boy. on.ft.com/4n2TVBq

I wrote about negative news for @alphaville.ft.com, featuring 40+ years of FT content (over 3mn articles) distilled down to a single economic sentiment series on.ft.com/4n2TVBq

what a humiliating way for don jr. to find out his dad sends birthday cards.

I watched Miran's senate confirmation hearing so you don't have to. He didn't persuade anyone he would actually be independent, indeed he made his case worse by saying he would not resign from white house role as chair of council of economic advisers 🤯 on.ft.com/47oAZba

Fascinating article on why demographic decline may not actually be good for the environment One reason is that the decline in birth rates are concentrated amongst progressives, meaning the future may be more conservative on.ft.com/47iURMX

"there is sufficient reason to believe you may have made false statements..." from Trump's letter to Cook 🤦‍♂️ www.ft.com/content/0cae...

📢 I've written the @financialtimes.com Free Lunch newsletter today on the rise of populism & its economic implications 📢 No surprise: populism makes for very bad economics, with clear negative impacts regardless of whether it is left-wing or right wing variety Free-to-read link👉 on.ft.com/4fViP31

This is very interesting on the practice of head shaping in Andean culture, different groups made different shapes to signify sacred mountains. Remains me a bit of the Smeds and the Smoos www.nytimes.com/2025/08/22/s...

"Snowfall is rare in the area, so the ski resort intended to rely entirely on artificial snow" Why did anyone think building a ski resort in the Saudi desert was a good idea? www.ft.com/content/6dfc...

For @wired.com I wrote about the Trump admin's latest propaganda strategy: incorporating the casual nihilism and cruelty of the highly online far-right into memes about deportation www.wired.com/story/trump-...

Lovely article here about the surprising diversity and cosmopolitanism in the Canadian arctic town of Inuvik on.ft.com/45ueQp4

I can't fucking believe it, these idiots exempted 700 goods from the 50% tariffs on Brazil—orange juice, nuts, iron ore, gas, etc etc—BUT THEY SPECIFICALLY LEFT THE 50% TARIFFS ON COFFEE, OUR 2ND LARGEST IMPORT FROM BRAZIL. They're genuinely trying to kill me for drinking coffee.

The BoE hawks have good reason to worry in the UK. My analysis of the inflation data 👇👇 on.ft.com/40Vtpke

Oh my god, this is very very good from @jemima.bsky.social: "It is a sunny Sunday in June and I am sitting in a Porsche with a man I recently matched with on Bumble, two Spanish sighthounds, an intersex DJ and Curtis Yarvin." on.ft.com/41ugaqV

Nice data-driven story here 👇 Thousands of company directors leave UK after Labour’s tax changes on.ft.com/4my2Gm9

Very worrying and not surprising that Trump is shooting the messenger. On the other hand he should be happy the very bad jobs figures make a Fed cut much more likely in Sept on.ft.com/4odo0PD Donald Trump to fire US labour statistics boss after weak jobs report

The Trump gang lies like pros. You can say the economy is weak and therefore the Fed needs to cut rates, or that the economy is strong, therefore the Fed doesn't need to cut rates. Only a Trumper can say the economy is strong the Fed needs to cut rates substack.com/home/post/p-...

Amazing, comprehensive reporting here on the rush to build massive, energy-guzzling AI data centres 👇 ig.ft.com/ai-data-cent...

Lovely ode to my favourite game too on.ft.com/40D9dne Backgammon may be New York’s new favourite game

Canadian maple syrup finds itself in a sticky tariff situation https://on.ft.com/4o96YSJ | opinion

There is no data release which would see not see Trump say the Fed should lower rates. GDP down: "LOWER RATES". GDP up: "LOWER RATES" www.ft.com/content/1270...

Maple syrup is a good representation of both Canada’s economic dependence on the US — and its unique forms of leverage I wrote about Canada's most iconic industry in the age of Trump 2.0 🍁 on.ft.com/41hwuLu

NEW: Heavily armed gangs control 95% of Haiti's capital and are expanding their campaign of murder, rape and extortion across the country. Better armed than the Haitian police, it is weapons smuggled from the US than have enabled their dominance. We tracked how Haitian gangs get their guns.

FT Editorial: "Unless the Israeli government agrees to an immediate end to the war and a surge of aid into Gaza, western countries should be sanctioning Netanyahu and his government." www.ft.com/content/69d5...

"Flooding the zone can delay a reckoning — but it can’t prevent one." on.ft.com/4l31XIq

US tariffs are now at the highest level since the 1930s. Great presentation of the data 👇 on.ft.com/3UyQ9Tv

Breaking news: Donald Trump’s administration has denied permission for Taiwan’s President Lai Ching-te to stop in New York en route to Central America, after China raised objections with Washington about the visit https://on.ft.com/4kXt3k7

Fantastic piece as usual from @jburnmurdoch.ft.com on growing malaise among young being potentially linked to housing crises Fodder for more academic work, e.g. variation in happiness within country explained by housing price changes? on.ft.com/4kTUHyA

The most important story in the world right now.

What's remarkable in the Trump post-Fed visit press remarks is not only that Trump lied multiple times with no correction (ECB cut rates 11 times while Fed cut 0 times), but that no journalist asked about inflation when Trump again repeatedly said rates should fall vimeo.com/1104287575?f...

Haldane: “High and rising fiscal debts and deficits, elevated long yields, declining debt maturities and populist politics are a recipe for rising pressure to be exerted on central banks to keep rates lower for longer” on.ft.com/44S2y9W The threat to central banks from ‘fiscal populism’

First six months of Trump in six charts on.ft.com/46OEBmn

On Feb. 15, José Manuel Ramos Bastidas called his wife from inside a Texas immigration detention facility. He asked her to record a message, “just in case something happens to me.” Thread 👇

New central banks newsletter from me 👇👇 On the Kevins sycophancy and central banks newsletter comms on.ft.com/453LxuD Aspiring Fed chairs play to an audience of one

From ending it on day one to “bringing the war to Muscovites” on.ft.com/3UcS4wQ Donald Trump asked Volodymyr Zelenskyy if Ukraine could hit Moscow, say people briefed on call

I’m biased, but the data is not: FT journalism is so valuable a model just crunching the text out-predicts Fed forecasts of inflation! on.ft.com/4nHoaOU

A model based on FT journalism turns out to be better than the Fed at forecasting US inflation! My latest piece in @financialtimes.com on.ft.com/4lCcPO4 FT sentiment and topic coverage predicts inflation

After remarkable scenes in the House of Commons today caused gilt yields to spike, my colleague Andrew Whiffin writes about what it means for the Bank of England on.ft.com/3IaNrkj Starmer and Reeves’ gilt trip will not spur the Bank of England to act

Check out the latest edition of my @financialtimes.com newsletter. (1/2) The rising resistance to creative destruction in advanced economies: on.ft.com/3SRWMzt