BlondeMoney
@blondemoney.bsky.social
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Sensible market commentary
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BlondeMoney
Sunder Katwala (sundersays)
about 9 hours ago
Views that immigration is good (a third), neutral (a third) or bad (a third).for culture & the economy now divide parry voters much more dramatically Labour/LD/Green: +40 Good > Bad Reform/Cons: -45 Bad > Good
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Robert Shrimsley
2 days ago
You may not like it, but strip out the hyperbole and abuse and it's quite hard to argue with this Cummings asssessment of the public mood
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Dr Nigel Fletcher
7 days ago
Is there no job not at risk from AI?
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Nick Macpherson
10 days ago
Alistair Darling and the official Treasury were always aware that investment banks had an inside track to Number 10. But the brazen nature of that inside track is rather breath-taking.
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Ewan Kirk
10 days ago
I see some people (<side eyes>) are talking about space based AI server farms. Please stop this. The entire ISS solar array provides enough power to fire up less than two H200 equipped racks. And don't get me started on getting rid of the heat and how hard it is to rad-harden chips in space.
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Jim Pickard
10 days ago
BREAKING: The Metropolitan Police: "Following this (Epstein) release and subsequent media reporting, the Met has received a number of reports relating to alleged misconduct in a public office. The reports will all be reviewed to determine if they meet the criminal threshold for investigation."
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James O’Brien
10 days ago
Oh.
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Robert Hutton
10 days ago
You have to admire Peter Mandelson's capacity to deliver surprises.
thecritic.co.uk/pete...
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Sunder Katwala (sundersays)
10 days ago
While Reform's candidate Matthew Goodwin is much better known in academia, media & think-tanks than to the publicl, he is unusually high profile for a by-election candidate. I wonder which if any party by-election candidates (say this century) were better known without having previously been an MP?
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Sam Freedman
10 days ago
This is becoming a critical election for control of the left bloc
samf.substack.com/p/whats-the-...
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V interesting from FTAV
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23 days ago
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But why were they *mirrored* aviators ?
23 days ago
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BlondeMoney
23 days ago
What should be a big moment in Westminster - William Hague says Greenland is lost and also that the UK needs to reduce dependence on the US Will anyone listen ?
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Very interesting. Young women are moving more to the left than young men are moving to the right.
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about 1 month ago
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Sunder Katwala (sundersays)
about 1 month ago
9 million people a day use X, for an average of 6 minutes, making it the 6th site
bsky.app/profile/robb...
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The People's Fabric
about 1 month ago
“What appears to be a newly created account appeared to invest $30,000 Friday in Maduro's exit. After Maduro went into custody Saturday morning, that same investor netted $436,759.61.”
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Someone made $400K by predicting Maduro's capture. Here's what happened
The winnings come as the rules governing prediction markets are still evolving.
https://www.axios.com/2026/01/03/maduro-capture-bets-trade-prediction-markets
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Shashank Joshi
about 1 month ago
I wrote on the Caracas raid: an unusually large, well planned & successful operation, even if decapitation isn't the same as regime change. Also an opportunity for special forces to show their utility to Trump foreign policy in the post-GWOT age.
www.economist.com/the-americas...
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How the Pentagon snatched Nicolás Maduro
Operation Absolute Resolve was a textbook success
https://www.economist.com/the-americas/2026/01/03/how-the-pentagon-snatched-nicolas-maduro
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The Washington Post
about 1 month ago
Venezuelan President Maduro will be taken to the DEA’s Manhattan headquarters. He will then be held at the Metropolitan Detention Center in Brooklyn until a court appearance, most likely on Monday, a person with knowledge of the plans told The Post.
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Live updates: Maduro and his wife arrive in New York hours after U.S. capture in Venezuela
President Donald Trump said the United States will control Venezuela for an unspecified period after a U.S. raid captured Venezuelan President Nicolás Maduro.
https://www.washingtonpost.com/world/2026/01/03/us-venezuela-strikes-trump-maduro/?utm_campaign=wp_main&utm_source=bluesky&utm_medium=social
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Josh Marshall
about 1 month ago
Very important signal here. You can say it's abt oil. And part of it is. But the White House is actually being forced to strongarm the oil companies to get involved.
www.politico.com/news/2026/01...
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Trump admin sends tough private message to oil companies on Venezuela
The White House has told companies they must rebuild Venezuela's crude-pumping infrastructure if they want compensation for assets seized by Caracas.
https://www.politico.com/news/2026/01/03/trump-venezuela-oil-us-companies-return-00709782
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So I’m 65 according to Spotify Wrapped. I maintain this is due to discovering that Donna Summer’s “MacArthur Park” gets me through reading any hardcore political or economic analysis. Also that I only discovered this song thanks to Beetlejuice 2!
2 months ago
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Rob Ford
2 months ago
This graph shows what the public thought Labour (red) and Cons (blue) would do on tax and spend on every day of the campaign, and what voters themselves preferred (black). The public expected tax rises from Lab, tax cuts from Cons, and what they themselves wanted was...tax rises (tho less than Lab)
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Adam Bienkov
2 months ago
Keir Starmer is set to offer a peerage to Matthew Doyle, who in his former job as Starmer's spokesman repeatedly used to assure me that his boss was firmly committed to abolishing the House of Lords
www.theguardian.com/politics/202...
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Keir Starmer expected to award 25 new Labour peerages
Exclusive: Former union bosses and Labour staffers on list as prime minister aims to balance chamber
https://www.theguardian.com/politics/2025/dec/03/keir-starmer-award-25-labour-peerages-house-of-lords
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Don’t normally post work stuff but I was delighted and surprised by this
www.cfauk.org/media-centre...
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Seven New Fellows Announced | CFA UK
Seven new fellows announced in recognition of their services to the investment profession. New Fellows include former CEO of CFA UK.
https://www.cfauk.org/media-centre/cfa-uk-welcomes-seven-new-fellows-to-the-society
2 months ago
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Nick Macpherson
3 months ago
I commend this review which I carried out in 2013. The recommendations remain relevant today.
assets.publishing.service.gov.uk/media/5a7f09...
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https://assets.publishing.service.gov.uk/media/5a7f09fded915d74e62280be/PU1546_Review_into_the_pre-release_of_Budget_information.pdf
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David Higham
2 months ago
So long mission driven government, we hardly knew you
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Bloomberg Opinion
2 months ago
The rare, diamond and gold Cartier watch that Taylor Swift was wearing when she got engaged upended the watch market, Andrea Felsted says
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Cartier Is Gen Z’s Rolex, Thanks to Taylor Swift
When Taylor Swift announced her engagement to Travis Kelce, it wasn’t just the huge diamond ring that sent fans into a frenzy. For watch enthusiasts, it was the rare gold and diamond Cartier timepiece...
https://www.bloomberg.com/opinion/articles/2025-12-01/cartier-is-gen-z-s-rolex-thanks-to-taylor-swift
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Ben Ansell
2 months ago
This is the hidden in plain sight heffalump trap in the Budget - Mahmood’s plan will deepsix whatever fiscal headroom the Chancellor has.
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Paul McNamara
2 months ago
Found the Dad Shop. Based around the idea that middle-aged men are smut- and gadget obsessed alcoholics. Quite offensive and quite put out by how much stuff I’d quite like there is here.
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James Ball
2 months ago
And the head of the OBR has resigned. I see why some think it looks excessive, but it’s not. Publishing reports is what the OBR does! This was a failure of process at multiple levels, meaning they messed up the most important thing they do. It’s the 21st century: ”IT stuff” is boardroom stuff.
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Will Cooling
2 months ago
This and this similar point (
bsky.app/profile/jsph...
) goes back to the flaw with the OBR in the first place - not assigning it to parliament to oversee. If it was a parliamentary body, it could just use their website & other operational support teams whilst still being independent of the government
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Edward
2 months ago
And whilst it's an issue if arms length public bodies have poor cybersecurity, I'm not convinced that it's a resignation issue for the Chief Exec when a) it's not clear that was down to a decision on his part and b) the cybersecurity relates to accidentally publishing something an hour early.
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Ben Ansell
2 months ago
On wealth taxes and whether the Budget was a missed opportunity, the recent referendum failure in Switzerland on a tax that only the very wealthy would pay shows that what might seem on the face of it very popular turns out not always to be so.
www.ft.com/content/f03f...
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Swiss voters reject 50% inheritance tax for the super-rich
Overwhelming majority opposed wealth tax in contentious referendum
https://www.ft.com/content/f03fdcf8-d032-40ef-9ea1-ff32c182df8a
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Katie Martin
2 months ago
But if they did, then someone could potentially be party to a YourParty party party
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Jim Pickard
2 months ago
loving the fact that YourParty has voted for a new name and it's YourParty
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Stephen Bush
2 months ago
Obviously every political movement has its weird online cultists, but the Starmtroopers are far and away the weirdest, because they are almost all 60+ yet their understanding of the media is the kind of thing you'd expect from a precocious 12 year old who had read a wikipedia article on Chomsky.
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Stephen Bush
2 months ago
Downing Street has self-soothed itself into thinking that the reason why the PIP cuts didn't pass is that they didn't convince the soft left they were 'Labour enough', as opposed to 'they had no plans, could not make an argument for them, and were wildly unpopular with most voters':
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Labour’s welfare revolt shows politics always catches up with policy
Benefits system must get better at reducing poverty but these spending cuts will not solve the problem
https://www.ft.com/content/3ff85373-ecc6-46ac-ba05-83430ee499b9
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Matt Novak
3 months ago
Trump claims “any document” signed by Joe Biden is “hereby terminated.” He calls out executive orders later but obviously “any document” would be much broader and include legislation. (He can’t legally do that but, as always, we get to watch how far he can push this without repercussions)
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@niesrorg.bsky.social
have created a useful fiscal impact metric Whilst it becomes contractionary from 2027, removing 0.4 pct pt from GDP, this is *less* than in March In short they conclude BOE to cut rates further
niesr.ac.uk/blog/what-st...
3 months ago
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Stephen Bush
3 months ago
The (obvious in advance) limits of the government's strategy since it took office: a budget in which the majority of individual items poll well, yet people think it is the most unfair budget since YouGov started polling on this question.
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Proper budget chinwag with
@johnstepek.bsky.social
and the Merryn podcast crew this morning!
3 months ago
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Heather Stewart
3 months ago
It seems a stretch to describe this as a “step” unless it’s off a diving board:
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TLDR:
3 months ago
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Rachel Cunliffe
3 months ago
Oooh changes to the NI contributions loophole that allows people overseas to “buy their way” into the UK state pension. This is advertised in countries like Australia to people who may have only lived in the UK for a few years
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@mattchorley.bsky.social
My input to the Budget Bingo game! Dabbers ready
3 months ago
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It’s been a Christmassy couple of lunchtime roundtables to discuss the Budget ! Fortnums and the Lanesborough provided a beautiful backdrop to quite a painful discussion …!
3 months ago
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Stephen Bush
3 months ago
Labour’s “we have to do it, or racism will get worse” argument is striking. Any other public policy failures British ethnic minorities should be on the hook for? Can we be blamed en bloc for Rachel Reeves’ budget next week too?
www.ft.com/content/37b0...
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Defence of Labour asylum policy reveals backsliding on racism
Home secretary’s framing of failures is partly low politics, but also a result of ministers’ poor approach to race relations
https://www.ft.com/content/37b00112-6e60-4a8a-979a-7c2aabb9b29a
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Zoë Grünewald
3 months ago
Writing about the government’s latest policy announcement and, as usual, torn between three angles: morally awful, politically foolish, and probably unworkable. Something for everyone there
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Sunder Katwala (sundersays)
3 months ago
A more legitimate proposal to reduce racism against Shabana Mahmood, other men + women in public life + all other people across society would be for a Labour Government to have a strategy about hate crime, causes of racism + how to reduce them [Last strategy: 2016-20]
www.gov.uk/government/p...
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Hate crime action plan 2016 to 2020
The government’s plan for dealing with hate crime in England and Wales.
https://www.gov.uk/government/publications/hate-crime-action-plan-2016
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3 months ago
Mahmood is mirroring this “racists will stop being racist to me if we concede that immigration is bad”. They really won’t! They’ll say “oh so you admit this was bad all along - so now let’s look at the people who should never have been let in”. end
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Josiah Mortimer
3 months ago
The Young Greens of England and Wales is officially the largest youth and student wing of any British political party. Greens: "With overall Green Party membership now at over 150,000, the Young Greens have over 40,000 members – making them larger than Young Labour."
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