Kate Duguid
@kateduguid.bsky.social
I'm the US markets editor at the Financial Times
I always feel the need to spread props for @alexisgoldstein.bsky.social when I see student debt forgiveness wins.
Tressie McMillan Cottom@tressiemcphd.bsky.social · 9h agoCongratulations to everyone who worked their asses off for something that any semi-decent and ultimately self-interested government should have done in penance www.nytimes.com/2026/08/03/b...
"now that we are standing amid the ruins of the East Wing & the wreckage of the postwar liberal order—now that we, too, occupy an uncomfortable interregnum between two social formations—we will find it in ourselves to put away childish things & write something new." www.newyorker.com/magazine/202...
Why the American Novel Refused to Grow Up
For the critic Leslie Fiedler, the country’s best and worst fiction was shaped by visions of escape from society—and therefore from maturity.
newyorker.com
beautifully written explainer on what’s going on with yen interventions by @iankmsmith.ft.com www.ft.com/content/1be8...
Scott Bessent’s yen intervention signals new era of US ‘currency activism’
Bid to support Japan’s currency shows US is ready to scupper trades that push against its interests
ft.com
more of this kind of sophistry for the sickos in my newsletter this morning: www.ft.com/content/f6d5...
Team America: Yen police
A puzzling intervention
ft.com
The historic attempt led by the US Treasury secretary to prop up another nation’s currency has stunned investors and economists. What could be behind Washington’s move? ft.trib.al/z7TF1Ev
this is generally part of a broader conservative goal to kill women's sports so girls are more docile and feminine with trans panic the spice on top
i personally don't think child molestetion should be required to play volleyball
Gillian Branstetter@gbbranstetter.bsky.social · 2d agoAn initiative on the ballot in Washington state in November would require all athletes seeking to play girl's sports from kindergarten to high school to undergo "genetic screening, a testosterone-levels test, or an examination of their reproductive anatomy" before they can play
Reducing present guidance would be a thing
FinTwitter@fintwitter.bsky.social · 5d ago*WARSH CONSIDERS REDUCING FREQUENCY OF FED POLICY MEETINGS: NYT
SCOOP: The US has intervened in the yen market, selling euros and buying yen for the first time since 1998 www.ft.com/content/0f9b...
US Treasury undertakes historic intervention in yen market
New York Fed sells euros to buy yen following recent speculation that Tokyo intervened to support Japan’s currency
ft.com
Obviously now that it’s massive headline news a bunch of people who know nothing about the situation will comment stupid things about it (esp because it’s AI related) but the Leopold blowup is quite shocking to basically every professional investor who was following him for several reasons:
Group of rays spotted swimming in once heavily polluted Newtown Creek gothamist.com/arts-enterta...
Group of rays spotted swimming in once heavily polluted Newtown Creek
The fish are a sign of the waterway's path to recovery.
gothamist.com
FT scoop: Citadel buys Situational Awareness equity holdings after steep AI losses www.ft.com/content/5fb4...
Citadel buys Situational Awareness equity holdings after steep AI losses
Deal comes after Leopold Aschenbrenner’s investment firm held overnight crunch talks with investors
ft.com
More details on Citadel buying all of the Situational Awareness public book
Kate Duguid@kateduguid.bsky.social · 6d agodetails of PBs involved in actual public book deal here: www.ft.com/content/5fb4...
Scoop: Citadel buys large portion of $16bn book. SA will continue to run as small fund with private stake. PBs involved in deal were GS and JPM www.ft.com/content/5fb4...
Citadel buys large portion of Situational Awareness equity holdings
Leopold Aschenbrenner’s hedge fund suffered steep losses in recent days from tech sell-off
ft.com
Scoop: Citadel buys large portion of $16bn book. SA will continue to run as small fund with private stake. PBs involved in deal were GS and JPM www.ft.com/content/5fb4...
Citadel buys large portion of Situational Awareness equity holdings
Leopold Aschenbrenner’s hedge fund suffered steep losses in recent days from tech sell-off
ft.com
An 8 employee hedge fund that was up hundreds of percent and used aggressive leverage is asking investors for more cash to meet margin calls. The tropes in this particular bull market couldn’t get any lazier. www.ft.com/content/2803...
Leopold Aschenbrenner’s Situational Awareness seeks to raise capital after AI rout
Hedge fund has held talks with existing investors and lenders in recent days
ft.com
The piece that launched a thousand posts. Read what @emilyrcwilson.bsky.social actually said here: www.lrb.co.uk/the-paper/v4...
rosa@rosamundalongholes.bsky.social · 7d agoI went back to Emily Wilson's piece to see if I could find where she, presumably, criticizes Nolan's film for its unfaithfulness to the original text, and got four paragraphs in before finding the exact opposite.
SCOOP from overnight in case you missed it: 24-year old whiz kid Leopold Aschenbrenner is trying to raise fresh capital for his $20bn hedge fund Situational Awareness after suffering heavy losses after the latest rout in AI stocks www.ft.com/content/2803...
Leopold Aschenbrenner’s Situational Awareness seeks to raise capital after AI rout
Hedge fund has held talks with existing investors and lenders in recent days
ft.com
SCOOP: 24-year old whiz kid Leopold Aschenbrenner is trying to raise fresh capital for his $20bn hedge fund Situational Awareness after suffering heavy losses after the latest rout in AI stocks www.ft.com/content/2803...
Leopold Aschenbrenner’s Situational Awareness seeks to raise capital after AI rout
Hedge fund has held talks with existing investors and lenders in recent days
ft.com
SCOOP: Hedge fund wunderkind Leopold Aschenbrenner is trying to raise fresh cash for his $20bn fund Situational Awareness after major losses on AI www.ft.com/content/2803...
Leopold Aschenbrenner’s Situational Awareness seeks to raise capital after AI rout
Hedge fund has held talks with existing investors and lenders in recent days
ft.com
SCOOP: 24-year old whiz kid Leopold Aschenbrenner is trying to raise fresh capital for his $20bn hedge fund Situational Awareness after suffering heavy losses after the latest rout in AI stocks www.ft.com/content/2803...
Leopold Aschenbrenner’s Situational Awareness seeks to raise capital after AI rout
Hedge fund has held talks with existing investors and lenders in recent days
ft.com
Hedge funds face demands to stump up collateral as AI stocks tumble ft.trib.al/PNb7Q81
Hedge funds face demands to stump up collateral as AI stocks tumble
Scale of losses in recent weeks sparks growing risk aversion on Wall Street
ft.trib.al
Five-byline alert: 🚨 (FT) - Wall Street banks have demanded more collateral from hedge funds in recent weeks as a rout in AI stocks accelerates and triggers heavy losses across several popular strategies. @financialtimes.com www.ft.com/content/5c8a...
