#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*
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 tweaksBuilding out market infrastructure is welcome but the country’s economic challenges could remain a deterrentwww.ft.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 elseThe lesson from Manchester is that it takes time for public investment policies to show up in GDPas.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
My theory was always that strict regulation of sports and casino gambling was the load bearing pillar of US equity investment culture
Dare ObasanjoRobinhood 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 painThe biggest IPO wanted to avoid a cliff edge of insider selling but now has 12 months of uncertaintywww.ft.com