Some call it “the golden era for fraud”. Others say “there has never been a better time to be a crook”. www.ft.com/content/b5d9...

Dollar chat is fine, but why persistent curling hate? podcasts.apple.com/gb/podcast/u...

Terrific @alphaville.ft.com post on how Hamilton Lane made tens of millions in fees from 'NAV-squeezing' its private assets fund. www.ft.com/content/a7d5...

🚨 OECD members are united by economic heft and a commitment to democracy. What unites founding members of the new Board of Peace? www.ft.com/content/bd57...

Redemptions from a retail private credit fund permanently halted following attempts by retail investors to get their money back. www.ft.com/content/b2f2...

Really interesting article but it's important to note that the 'cost' of these schemes is more than just the cash cost. Moving to a funded model would make them more sustainable, reduce the cost of funding them, boost investment + improve the UK's net investment position www.ft.com/content/afa6...

🚨Behold, the story of the Fed balance sheet in a single chart www.ft.com/content/cbe2...

🚨US inv grade at the tights despite [gestures everywhere]. What's happened beneath the surface? Another bunch of interactive dataviz that will likely annoy BSky. www.ft.com/content/fa1f...

Saw FGR lose to Carlisle.😢 My blurry shot of the managers: Robbie Savage & Mark Hughes - Man U & Wales teammates in the ‘90s.

Beautiful piece on the original FT dataviz quiz from @theboysmithy.ft.com www.ft.com/content/79a4...

Where do parents find the time to parent? Less sleep, work and screens. Amazing chart feat. in @alphaville.ft.com Further Reading. homeeconomics.substack.com/p/where-do-p...

Need to run a c/a deficit to be reserve currency? Absolutely not. Top post by @rajakorman.bsky.social for @alphaville.ft.com www.ft.com/content/4b08...

A few perspectives on what the takeover of Schroders means for active asset management, the City, and the career prospects of the Excel jockeys at 1 London Wall. as.ft.com/r/4a48497a-5...

🚨 Picking through $1tn of hedge funds with universities attached. www.ft.com/content/4287...

🚨 BDCs manage around $500bn of private credit. How exposed are they to AI-disruption? Lots and lots of cool charts. www.ft.com/content/3f88...

Absolute banger of a long read from @bondhack.ft.com, ostensibly about Epstein, but ends up solving the qn on who triggered the GFC. (No spoilers, but you have heard of the actual person.) Where else but @alphaville.ft.com. www.ft.com/content/6901...

An absolute time-sink, but this — from @alphaville.ft.com Further Reading — is really amazing bluesky-map.theo.io

Hadn't realised the answer to the qn 'where did Epstein get his money from' was as simple as 'most he stole from Les Wexner, though was later also showered in money by Leon Black' www.ft.com/content/72c0...

Jimmy Lai is a hero. And so China has sentenced him to 20yrs. Here's a great (old) podcast from @planetmoney.bsky.social about his decision to stand up and be counted. www.npr.org/transcripts/...

🚨Japan LLC has been trading its way out of a fiscal hole www.ft.com/content/f7d3...

Only just now seen this cool chart from The Economist plotting Kevin Warsh's published speeches' dovishness and hawkishness. Sharp shift in tone depending on who's in White House purely coincidental. www.economist.com/finance-and-...

[watching curling] after 1 min: ugh this is dull 10 min: spin on that stone is off 30 mins: three in the house means nothing if your centre guard is ripe for a pick and roll 1 hour: SWEEP BITCH SWEEP

Absorbing FT Big Read on tomorrow’s Japanese elections. www.ft.com/content/b9fb...

US taxpayer “slush fund to get MAGA-style things going” & “fund European organisations to undermine government policies”, says Reform UK source. www.ft.com/content/f869...

When even Jeffrey Epstein thinks your culture is vile 😬 www.justice.gov/epstein/file...

Mad chart from NYT which might be of interest to folks comparing marginal tax rates across countries (yes, I know it's not a tax) www.nytimes.com/2026/01/30/u...

🚨 Had a look at BNP Paribas' legal woes and dug into whether this gives them a capital problem. www.ft.com/content/5745...

From @alphaville.ft.com Further Reading today: Who Goes Nazi? A parlour game from Harper’s, 1941 harpers.org/archive/1941...

Hyperscaler capex charts from JPM. LHS: sum of cons capex for AMZN, GOOG, META, MSFT, ORCL; RHS: debt issuance & capex as % of op. cash flow

Fun speaking with @timharford.ft.com on one of my favourite shows 😊 www.bbc.co.uk/sounds/play/...

🚨 Only @alphaville.ft.com would drop 12k words on the Fed’s Covid-19 crisis on a Monday ❤️ www.ft.com/content/cb9a...

According to coingecko, the total market cap of NFTs is still c$1.8bn, down only c90% from peak. www.coingecko.com/en/nft/globa...

I’ve written this lengthy FT analysis overnight about the multiple multi-thousand pound Epstein payments to Mandelson’s husband these particular paragraphs are worth reading slowly www.ft.com/content/608a...

Another time-sink iso-city.com

Pretty time-sink globe.adsbexchange.com?icao=151fce

The Indonesia selloff is a reminder of the quiet power of index providers. When MSCI questions a market’s investability, capital can vanish fast. Benchmarks don’t just measure markets. They shape them. This was a theme in @robinwigglesworth.ft.com fab book "Trillions"

We got the former heads of international finance at both the Federal Reserve and the US Treasury to write a guest post for @alphaville.ft.com about what Trump is doing to the dollar. They were … unimpressed. www.ft.com/content/0933...

🚨 Japan’s finance ministry isn’t a massive macro hedge fund www.ft.com/content/b88a...

🚨 When Yenterventions work (sometimes too well) www.ft.com/content/c1e1...

It’s not a huge fund. And secondary pricing is still @ a discount to the new NAV. But prob not what investors signed up for. www.bloomberg.com/news/article...

🚨 New post on Shiller CAPE, and a new (improved) challenger. www.ft.com/content/84b8...

After Trump’s latest TACO @robarmstrong.bsky.social calls out Karoline Leavitt podcasts.apple.com/gb/podcast/u...

🚨 About that weaponisation of European capital… www.ft.com/content/452b...

Trump did everything right for the crypto industry. So how come his memecoin is down >90% from peak, and MelaniaCoin (or whatever it's called) has lost 99% asks @nikasgari.bsky.social www.ft.com/content/0012...

IF ONLY THERE WAS A SNAPPY ACRONYM

Finl mkts on POTUS chat

"The lies this administration is telling about Ms. Good aren’t those you deploy as part of a cover-up. They’re those you use when you want to show you can get away with anything. They’re a projection of power."

Joined @robarmstrong.bsky.social to chat what finl mkts make of US plans to invade its allies. Bleak stuff. podcasts.apple.com/gb/podcast/u...

🚨 Long-dated JGB yields breached 4% yesterday. Should we care? www.ft.com/content/d271...

Yesterday's piece by @edwardluce.bsky.social is so searing, so sharp, so well-written. www.ft.com/content/dede...