We love financial plumbing, debt crises, balance sheets, margin calls, economic puns and snark.
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Birds Aren’t Real, but Enron is
Beau-tee-ful nightmare?
Coming to a medieval church, soonish
Should we call time on the anachronism of classifying banknotes as liabilities?
The Lost Chart Of Keeping A Secret
What’s the scenario?
Time to see a consultant?
Brain rot; hotel art; lichen sex; Aristotle; the science of gift-giving
What happens when the US signals a trade war months in advance
Broken tokens
Red-pilling national economic accounting methodology to avoid backing down
Not literally, but effectively
Influencers; hurricanes; Thanksgiving; most wanted; subway surfing; copper; and orca fashion
Fans; commodity currencies; weekends; postures; IVF; undertaking; religion; and fractals
Cyberia; CamScanner; quants; Machiavelli; AI investment; Haruki Murakami; journalism; and Tether
Employee performance; INCREF; Scott Bessent; pilgrims; more Scott Bessent; banknotes; loneliness; and safe assets
An obligatory reminder
A transatlantic regulatory arbitrage resurfaces in short-term money markets
Tee to a you
FCA says the dinosaur’s conduct 145mn years ago was ‘reckless and lacked integrity’
Duolingo; European credit; consumer sentiment; the App Store; crypto mining; space environmentalism; corrections; and the mess-AI-ah
Data! Accountability! Plonk! The whole wine yards
Morgan Stanley doesn’t want us to look where it’s pointing
OK a lot more. Buckle up
Lost in the Superchartet
Fed minutes; AI shenanigans; the ‘Demon Core’; deli meats; hibernation; Goldman; more AI shenanigans; and ETFs
And will Betteridge’s law finally be defeated???
In a strictly inflation-targeting-regime context
Not great, Bob
Tracking; Dunbarton FC; Cormac McCarthy; Google Scholar; Disney World; American roads; Bluesky; and blandness
It’s tough to negotiate a budget in public with a glitchy CMS
Russia’s retaliatory restrictions on exports to the US have yet to hit prices
Armenians; economists; Democrats; GenAI; platforms; Italian spyware; Canada-US oil; Pokémon Go; and Sanora Babb
VIXplaining the events of August 5
The Deed of Indemnity is published at last
The ‘original Coke’ of risk parity is getting bottled up
An interview with one half of the duo who underwrote Donald Trump’s media Spac