We love financial plumbing, debt crises, balance sheets, margin calls, economic puns and snark.
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‘Liberation’ awaits?
Wishful thinking results in a faceplant
The best job in journalism is open for applications
Bless your chart(s)
Open your mouth and say AAA
That old, familial feeling
Tariffs; LNG; Doge; carbon pricing; AI; Las Vegas; pandemics; and obnoxious sounds (x2)
CoreWeave’s faltering IPO is a symptom of market enshittification
Oh what a tangled web, CoreWeave . . .
A data centre field of dreams, or the WeWork of the AI bubble?
An FXplanation
Asking the big questions
Bars; brains; Paul Weiss; US military spending; Dr Simi; a harrowing read from Ronan Farrow; etc
NOAA; antitrust; Progresa; South Korea stays single; dehorsification; bad bread
Our disappointment is immeasurable and our day is ruined
Yes, we have one
Regime change; WWI debts; Nick Denton; eggs; shrimp; etc
Seven defendants were accused on Friday of stealing $214mn from US investors
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