The IMF estimates that China’s myriad cash and credit subsidies, tax breaks, land grants and state champions are leading to large-scale capital misallocation, severely reducing productivity and reducing GDP by as much as 2 percentage points. on.ft.com/3IADH3i

Why yes I do have the best job in financial journalism.

"The Trump Administration wanted lower interest rates, a weaker dollar, buoyant asset markets, and no recession. So far, so good. The dollar has commenced its correction and it has been orderly." www.ft.com/content/9d2d...

General-purpose AIs can pass the toughest exam in finance, CFA Level III, apparently. We spoke to one of the guys who did the study. on.ft.com/47Uclzu

Fixing FDI on.ft.com/3ItS5u3

The physicist and hedge fund manager on why the efficient markets theory is ‘all wrong’, economists with ‘mathematics envy’ — and what Camus can teach us about compromise: on.ft.com/4pwdNy9

As British as a Murdoch. on.ft.com/3K9l2Mu

300 paywall jumps for Robin's MainFT lunch with Jean-Philippe Bouchaud. Get one before someone else does. on.ft.com/3K7Or9T

'I need the biggest froth ETF you have. No that's too big.' on.ft.com/4nDFZ0k

Quite possibly the nerdiest Lunch with the FT we've ever run, featuring the inelastic markets hypothesis, 'econophysics', the Black-Scholes model's weaknesses and several drive-by shootings of economists. www.ft.com/content/6f54...

You may not have heard of BDCs — leveraged vehicles for US private credit — but they're big and are growing fast. Are they a systemic risk? What could go wrong? on.ft.com/46IV6zU

Where are we in the ETF cycle? At the point where this is an appropriate meme. www.ft.com/content/8bdc...

As US investment in AI is in the spotlight- what does this mean for truth? We have been working on a drama for many months about AI, memory, what we believe to be true and how to protect it. It's here to watch now.

Every day we stray further from God’s light. on.ft.com/47I9rO9

Maybe active managers should spend less time writing reports and less time picking stocks? on.ft.com/47FmHTH

Can we interest you in some extremely old, irrelevant broker research? on.ft.com/47F9NVN

“One way of looking at this is that the LSEG social media team is finally embracing the spirit of X. It can also be looked at in other ways.” on.ft.com/4nx22FX

Forgive me Lord but it's time to go back to tha old me. www.ft.com/content/e5bb...

I hope this is the closest I’ll come to being a debt scold. on.ft.com/4n7IrfT

Donald Trump calls on US companies to ditch quarterly reporting on.ft.com/4mksGB3

Ok it’s Monday so here goes: on.ft.com/3HWQbCc

Post no one asked for on how to compare bond yields across currencies (more) properly. on.ft.com/48fJTIf

“It’s a way for insurers to monetise good credit ratings.” 👀 on.ft.com/46CguXE

Oh wow that sucks for Burnley. A penalty, but from an accidental handball right in the corner of the box, in the 93rd minute after heroic defending.

Shot, chaser Young men more likely to vote Green than Reform. Young men second most progressive group of any demographic. Combined right-wing vote barely bigger than Green vote alone for young men

So if one company provides basically all of your bookings from next year and that company doesn't have any money, is this good? on.ft.com/3Vbrtkv

Uh oh someone’s up to ARKK shenanigans — again. on.ft.com/4miMLYu

Louis Ashworth: Statistics Influencer. on.ft.com/47zYMVH

👀 Oracle’s astonishing jam-tomorrow OpenAI trade on.ft.com/4mhcHUe

✊ on.ft.com/46AIsTC

Lol. @youngvulgarian.marieleconte.com nailed Oslo. open.substack.com/pub/youngvul...

The jury is still out on S&P’s rejection of Strategy - column here @thekrazykobra.bsky.social here on the bitcoin investor that is now one of the largest companies outside the S&P 500 with a market cap of $93bn www.ft.com/content/57c4...

"Fundamentally, if debts are being inflated away, don’t own fixed interest securities." on.ft.com/4mdevxI

✨ innovation! ✨ on.ft.com/4mUVMrF

The Economics Show 🤜 🤛 FT Alphaville www.ft.com/content/3845...

Would love to map this onto the oscillating quality of the cake and biscuits served by the FT's Thursday cake trolley.

Hi, I have an idea for an Alphaville post, but need some help. What is your absolute favourite financial or economic paper? Can you write a pithy paragraph saying why you love/rate/hate it, why it matters etc, and send it to me [email protected]?

📰 Bad news: there’s more of it about on.ft.com/3JSZCTD 📊 Tell us what you think in today's poll: on.ft.com/3JTSmHc

LOUIS ASHWORTH HOT TAKE ALERT. www.ft.com/content/288d...

Central banks do actually seem to now have more gold than USTs, though we can't be completely sure. on.ft.com/46dMhN6

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

👀 on.ft.com/4mPKW6d

Someone on the internet was . . .  right (ish)? www.ft.com/content/0dbc...

Congratulations to France, which has finally decisively managed to lift its 10-year government bond yield above that of Greece. 🥳 www.ft.com/content/23cf...

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