🚨What happens after the Bank of England has declared balance-sheet victory? www.ft.com/content/38a4...

👌👌👌👌👌👌👌

🚨SpaceX bond yields rocket towards junk www.ft.com/content/3a02...

I remain unconvinced that someone who has expressed no previous interest in fiscal policy, has no obvious economic policy expertise and whose views on the topic are unknown is an ideal candidate for Chancellor.

Tremendous piece from @claradoodle.bsky.social in FT Wealth: why have rich lists (a device to sell newspapers) become so important to politicians, activists et al? www.ft.com/content/2680...

Something's wrong with London's public transport

🚨 A deep dataviz dive into UK pay at listed firms www.ft.com/content/c49b...

Over a thousand years of data on peak Japanese cherry blossom ourworldindata.org/grapher/date...

Pair of charts from Citadel making exactly the same point, using exactly the same data, side-by-side. But weirdly effective. www.citadelsecurities.com/news-and-ins...

Humans don’t ask humans questions anymore - great piece on vibe-coding & its consequences by @samlearner.bsky.social www.ft.com/content/cec8...

Fascinating data analysis on rise of mental health illness by @jburnmurdoch.ft.com Leads up to a banger of a chart, but tweeting it out risks stripping it of thoughtfulness and nuance. So here’s just a hard data one: hospital admissions for young women self-harming www.ft.com/content/063b...

Superb primer here on corporate debt issuance from @alphaville.ft.com (written by @tobyn.bsky.social). Worth a close read, and a bookmark. Alphaville continues to do such amazing work. www.ft.com/content/47a6...

🚨 Alphastack open.substack.com/pub/ftav/p/n...

Imagine things being so bad that your best solution is to cut yourself off from Google Search traffic. I don't think that people realise just how much of a bad actor Google has been, for year. No other company has damaged the web nearly as much. 🧵 www.adweek.com/media/publis...

🚨All you never wanted to know about corporate bond market issuance www.ft.com/content/47a6...

All this, about writing, resonates strongly. And as the author goes on to say "Writing is hard because the writer is learning. If AI eliminates the challenge, it also eliminates the learning." www.theatlantic.com/magazine/202...

Re-upping because, well, it’s brilliant.

An interesting thing just happened ... and while my full account will appear in CJR Friday, I want to take note of it now. Start with this NYPost/Fox story that ran Sunday. Note the headline (including typo). Illegal immigration caused house prices to rise 30%! web.archive.org/web/20260705... 1/

Back in 2016, the average cost to the government for running a by-election was almost 230K. Since Farage has "won the lottery", as he put it, perhaps he should volunteer to pay this entirely unnecessary expense that he's decided to foist upon us. questions-statements.parliament.uk/written-ques...

Stop whatever you're doing and read @bryce.lol on Morgan Stanley's coverage of SpaceX: www.ft.com/content/09a6...

Quick chart showing where credit spreads are vs their 20yr history from @duncanlamont2.bsky.social www.schroders.com/en-gb/uk/int...

🚨 How does London *actually* measure up as a financial centre? www.ft.com/content/c056...

In which I go deep on decisions of the British Horseracing Authority's judicial panel, to see how they compare to other insider dealing regulators www.ft.com/content/8f5c...

It's a healthcare economy.

“Kevin Warsh is the dog who caught the car.” 🏆 lede from @robarmstrong.bsky.social www.ft.com/content/86f9...

🚨 New post examining the tangled economics of private credit by tracking the life of a massive (now defaulted) loan www.ft.com/content/7db5...

Was asked tonight whether I know Toby Nangle. Can’t lie - felt OK

AI and the Engels Pause — @ryanavent.bsky.social shows the way on @alphaville.ft.com www.ft.com/content/daab...

Can confirm that this trick is effective and has been deployed on me. Did not work out as well for colleagues as it did for a genius like Brooks. But it did buy them time, bad feeling, and ultimately their jobs.

Handy summary of new money raised and spent in policy announcements by Starmer & Reeves this Parliament from @ruthcurtice.bsky.social. £9 of every £10 extra dept spending goes to NHS. £28bn investment boost mostly funded by extra bond issuance. www.resolutionfoundation.org/comment/?top...

London is pretty great

🚨 SpaceX hangover spreads www.ft.com/content/6a13...

🚨US stocks have surged as earnings expectations have soared. True. But the stocks doing the surging haven't, in general, been the ones that have contributed to market expectations for soaring earnings. www.ft.com/content/eda5...

Putin’s useful idiots: George Galloway, Tommy Robinson and the Starmer rent boy conspiracy searchlightmagazine.com/2026/06/puti...

Everything was ticking along fine until 12th June. Did SpaceX kick off the Great Brotation?

MIM (Magic Internet Money) stablecoin price in purple. Strategy perpetual preferred (STRC) stock price in green. cc @thekrazykobra.bsky.social

Great column by @soumayakeynes.ft.com. On new research that suggests good ideas may be freely available after all, but that the problem is companies (often large ones) not sharing them. I think you'd describe this as a slowdown in the "knowledge spillovers" that are so crucial to productivity growth

Ruh roh. Maybe asking a chatbot to design your capital stack *wasn’t* a galaxy brain move? www.ft.com/content/7d55...

My Brexit story is a work one. I forecasted where bond yields, equity risk premium, currencies would be under Leave and Remain scenarios and understood my (not insignificant) portfolio was an inadvertent bet on Remain. 1/n

The WSJ Polymarket piece is wild, h/t @alphaville.ft.com further reading www.wsj.com/business/med...

🚨 So long Starmer, markets found you dull www.ft.com/content/5179...

🚨 Do US insurers arbitrage capital regulations with private ratings? www.ft.com/content/35a5...

Predictably good from Gabriel Gatehouse www.ft.com/content/0f3e...

Quick post on how bond yields haven't followed oil prices and inflation expectations lower. www.ft.com/content/70dd...

30% of Britons still reckon leaving the EU was a good idea. www.ft.com/content/5656...

Fascinating wide-ranging interview with Heseltine. He really does seem to think Farage is a nasty piece of work. www.politicshome.com/news/article...

Love that understanding the weird world of Lloyd’s of London and hedge fund podshops might help connect parents w/ their 6yos.

🚨 What actually is a Lloyd's of London syndicate? Is LoL the world's oldest podshop? And what has this got to do with CBeebies' Octonauts S3 Ep 1? www.ft.com/content/ae60...

🚨 The world is more dangerous. Why is risk cheaper? @leeharris.ft.com and I take a look. as.ft.com/r/5adfcf57-3...