And how it came to impact repo rates.
Live markets commentary from FT.com
Neither experience nor theory supports the case of the hawks.
Boeing; bubbles; Cadwalladr; culture wars; and more.
David Marcus says Libra is an “instrument of development” that will (somewhat paradoxically) allow Western nations to preserve their influence.
“Every stock, bond, currency, and commodity will be digitised” - Anthony Pompliano, predicting the future in 2019.
Rockstar sublimates from Steam.
Banking is undergoing a rapid electronification.
Populism; climate change; tracksuits; VC pricing; and much more.
How to raise £6m without providing financial data.
“Open source is going to outer space!”
The luxury brands most exposed to two systems, one country.
Confessions of a social constructionist; collateral bottlenecks; Apple vs the EU; Trump’s taste for torture; and more.
Where can you get a 2 per cent return in this day and age? Possibly Berlin.
The NY Fed is responding to a major repo rate spike, which some analysts are blaming on a structural shortage of bank reserves but weirdly enough not on the oil price.
The story of a $500m bond issue that wasn’t.
How secure is “guaranteed rental income”?
Opiates and the war on terror; Snowden on Snowden; Draghi; Lyft lawsuits and much more...
Rabobank assess the fall out from a spiking oil price.
A 20 per cent move may be a regular occurrence in crypto markets, but in commodity markets it’s exceptional and potentially indicative of a point of no return.
Neil Woodford’s biotech play takes a significant down round.
The grandmaster diet; smoking to kick vaping; AOC on WeWeork; plus much, much more...
“It is only the naïveté of Jay Powell”
Asset liability mismatch experiment struggles to get out the gate.
Two of them, in fact.
Stablecoins are dollarisation by proxy.
