Great piece by @tobyn.bsky.social including the Q we are all thinking about this Friday afternoon
Профиль
Ian Smith
Профиль VivelySenior Markets Correspondent at the Financial Times. Previously insurance, finance, stocks, pensions, you get the idea. This is my real account: I never promote crypto or any other investment Stories: https://www.ft.com/ian-smith Contact: ian.smith@ft.com
weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee 🎢 www.ft.com/content/0f9b...
happy Friday www.ft.com/content/18a1...
“The jawboning that we have seen has [had] little sustained impact. That warrants action....” Investors warn Bank of Japan faces test to inflation-fighting credibility as.ft.com/r/41fc7faa-8...
You think you’re Maradona but maybe you’re Nani
Dario Perkinseveryone is citing "Maradona central banking". But Mervyn King had a deep disdain for markets. In his analogy, the market was a hapless England defender, falling at the feet of central-banker genius. Warsh is saying the opposite - that markets are omniscient
Fed's no-guidance going well... Kevin Warsh’s stripped-back Fed communication 'already backfiring', say investors as.ft.com/r/d3931d85-4... 300 clicks free
Big old steepening in the US yield curve as the Fed holds rates steady despite inflation threat www.ft.com/content/0f9a...
seems a lovely place to work www.ft.com/content/730e...
Who needs tech anyway? The plucky FTSE 100 rises to an all-time high www.ft.com/content/2e30...
"guys are you 100% sure we pitched this one right" www.ft.com/content/8e82...
a bit of breathing space for government bond markets, UK 10-year yield dips back below 5% www.ft.com/content/4036...
"Events in the Middle East are narrowing the government’s room for manoeuvre" A combination of higher borrowing costs as oil prices rise, new spending commitments and weaker growth forecasts are whittling away at the fiscal headroom 300 free clicks for our weekend splash as.ft.com/r/537e0d3d-b...
Fiscal headroom be like John Healey is under mounting pressure to raise taxes or find fresh savings as new spending commitments and the Middle East war threaten to shrink the chancellor’s fiscal buffer to as little as £7bn as.ft.com/r/db6e826f-1...
Crazy stat "Fraud accounts for 46 per cent of all crime in England and Wales, yet only 2 per cent of resources are dedicated to it, Adams said." it is remarkable how little we seem to do about fraud, from the gazillion little fraudulent motor claims to the big stuff www.ft.com/content/f0f7...