$ME - KATIE PLANS CAREER IN DRESSAGE, POWERED BY TAMAGOTCHIS
$SPCX - SPACEX PLANS MOON FACTORIES POWERED BY HUMANOID ROBOTS
Katie Martin
@katie0martin.ft.com
#TeamFT, Unhedged pod, E17, gardening, plazzy Scouser. I never give investment advice. Beware scammers impersonating me to sell crypto etc. FT "Free to read" = 300 free clicks. *Stop the pervert glasses*
$ME - KATIE PLANS CAREER IN DRESSAGE, POWERED BY TAMAGOTCHIS
$SPCX - SPACEX PLANS MOON FACTORIES POWERED BY HUMANOID ROBOTS
Smart Barry Eichengreen piece here on what the yen intervention implies for the dollar. More and more, you will see the massive US fiscal deficit in the background limiting policy flexibility, and the whole world is aware of that. giftarticle.ft.com/giftarticle/...
The real message in the yen intervention
The dollar’s status as a reserve currency is not what it used to be
giftarticle.ft.com
In which some ECB and Bundesbank researchers quietly whisper “yeah, Mark Carney made some good points at the WEF”. cepr.org/voxeu/column...
How shifts in geoeconomic power are rewiring global trade
Trade growth stalled after the Global Financial Crisis, and world trade is now splitting along geopolitical lines. This poses a distinctive challenge for the EU, whose two largest trading partners are...
cepr.org
i get it, i do, but the notion that it's above-consensus AI spending that kiboshes this thing is just bizarre to me. The whole set-up is bonkers in so many dimensions and people are sucking their teeth and saying 'ooh punchy AI spending, i'm not sure about all this'. Nuts
SpaceX dives over 8% after AI spending surge rattles investors
"I do not see right now a way to create a balance of interests where the Trump administration walks away with something that normal humans would regard as a win" - as.ft.com/r/76e3e95e-7...
Donald Trump trapped between escalation and an Iran deal on Tehran’s terms
US president faces few good options to exit a war he once said would end swiftly with the Islamic republic’s surrender
as.ft.com
Financial Times: "Beijing is stepping up efforts to attract foreigners to its sovereign debt by building out futures contracts and other bond market infrastructure." www.ft.com/content/0fe0...
China courts global investors with bond market tweaks
Building out market infrastructure is welcome but the country’s economic challenges could remain a deterrent
ft.com
Live your life in such a way that the hed on your obit is not like this
Rod Liddle obituary
ok fine but it's not *proper* rain we need "Welsh seaside holiday in the 1980s" amounts of rain
Yeah yeah, not falling for this
(•_•) <) )╯ban / \ ( •_•) \( (> the / \ (•_•) <) )╯pervert glasses / \
Kmart sells out of low-cost rival to Meta camera glasses across Australia amid warnings of ‘privacy nightmare’
JFYI this show is hilarious. People spending ENORMOUS amounts of money to look either slightly worse or no different at all, and/or getting massive horse teeth www.channel4.com/programmes/s...
Surgery Secrets of the Super Rich
From lunchtime lifts to tailored tweakments, doctors deliver pricey procedures
channel4.com
"How to end the cycle of mistrust between the Treasury and everybody else" - good piece from @dianecoyle1859.bsky.social as.ft.com/r/e6f0317e-f...
How to end the cycle of mistrust between the Treasury and everybody else
The lesson from Manchester is that it takes time for public investment policies to show up in GDP
as.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 helps to explain why i have over 500,000 emails in my inbox, nearly 400,000 of which are unread
There are 7 PR people for every journalist in the US. www.bloomberg.com/opinion/arti...
My theory was always that strict regulation of sports and casino gambling was the load bearing pillar of US equity investment culture
Robinhood now makes more money from prediction markets than it does from stock trades or crypto. This adds weight to my theory that Bitcoin and crypto has crashed due to competition from Polymarket and Kalshi for the online gambler demographic.
Eligible pre-IPO investors in SpaceX can sell the first 20% of their stake as of Thursday. SpaceX has a staggered lock-up release schedule to “meter” stock sales but I argue in @alphaville.ft.com this turns the overhang into a prolonged hangover for the stock. No paywall: www.ft.com/content/6a8c...
SpaceX’s staggered lock-up release prolongs the pain
The biggest IPO wanted to avoid a cliff edge of insider selling but now has 12 months of uncertainty
ft.com
saw the Odyssey. It's OK. My hot take is that it goes on a bit