We love financial plumbing, debt crises, balance sheets, margin calls, economic puns and snark.
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Open your mouth and say AAA
Bless your chart(s)
The best job in journalism is open for applications
That old, familial feeling
CoreWeave’s faltering IPO is a symptom of market enshittification
Oh what a tangled web, CoreWeave . . .
Bars; brains; Paul Weiss; US military spending; Dr Simi; a harrowing read from Ronan Farrow; etc
A data centre field of dreams, or the WeWork of the AI bubble?
An FXplanation
Asking the big questions
Our disappointment is immeasurable and our day is ruined
Seven defendants were accused on Friday of stealing $214mn from US investors
NOAA; antitrust; Progresa; South Korea stays single; dehorsification; bad bread
Yes, we have one
Regime change; WWI debts; Nick Denton; eggs; shrimp; etc
The perils of cash flow accounting
There are anomalies, and then there are ANOMALIES
Group texts; 23andMe; money laundering; fake customers; woo science; etc
Tee to a you
The answer may not surprise you
Papal bull
An “abundance” of takes; Cats; German military Keynesianism; FADFO; Columbia folds; etc
An innovative play on bitcoin maximalism, or an instrument of maximal shareholder dilution?
It’s heeere . . .?
The Steve Chartin
Mexico City; AI book digestion; bird flu; used Teslas; Substack; lawns; Deutsche Boerse; psychoanalysis; and definite articles
(How many headlines do you write per day that would kill a Victorian child?)
Also, what’s the BoP treatment of OnlyFans?
A short-cut for UK debt issuance
Bagholders unite
Sellside, meet oligopoly
Angels; bank crisis ’23; swine; Vanity Fair; Fannie Mae; research; AI; and trees
MaPS, they don’t love you like we love you
When money spent on assets doesn’t result in assets
Abundance; doggy bags; BTFP; handbags; animal sounds; Gavin Newsom; the humble axolotl; and salt
The Descent of Mann
Uncomfortable sell-side headlines for $1,000 please Alex