Hints and tips:
...Robert ArmstrongAnd those together are 100 per cent of my 401(k) so I am in big trouble....
...Rob, why did you give it to the Turkish central banker? Come on. Come on. Robert ArmstrongNext award. Next award. Ethan WuWe’re taking a break and coming back. Robert ArmstrongOK, cool....
...In today’s newsletter: Kirkland & Ellis confronts a dealmaking slowdown The PE dealmaker who’s everywhere right now KKR jumps on a deal Carlyle snubbed QE+PE= K&E Chicago law firm Kirkland & Ellis has...
...Robert ArmstrongAnd it’s rallied a bit in the early days of the year too. Elaine MooreIt has. It’s got a new AI chip coming out. There’s all sorts of reasons to be very positive about it....
...A lot of reasons to hold the dollar. Rob, are you feeling short something? Robert ArmstrongI am short Birkenstock stock. Ethan WuOh, Katie Martin’s not here to defend. Robert ArmstrongI know....
...Chart of the week Record inflows into US money market funds in 2023 have triggered a multibillion-dollar fee bonanza for the asset management industry, which for years treated the product as a loss leader...
...Katie MartinI mean, there’s an awful lot going on here and early reactions can be a little bit misleading. But, you know, the dollar’s kind of the only game in town in currency markets at the moment....
...“It’s like a declaration of war,” Robert Habeck, Germany’s vice-chancellor and economics minister, said last month....
...(or Bank of England) to back off early, the dollar could strengthen further, giving the trade even more juice (for those who don’t hedge their currencies)....
...(Ethan Wu) One good read New York nightlife’s new normal looks like a whole lot of places closing early....
...One crypto founder told me: From a blockchain development perspective, the narrative in a bear market is, “Thank f**k, we can build!” . . ....
...Stocks, a day after rallying for no reason, held steady, also for no apparent reason. If you can make sense of it, write to us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Event appearances from the likes of K-pop phenom RM (Kim Nam-joon of BTS) and stars from Squid Game added to the buzz....
...Never mind that early materials for the flagpole bear the Wreaths Across America logo, or that the first thing I see in the hallway is a shrine to Morrill Worcester....
...Smart reads Untethered Tether has been lauded in the cryptocurrency world as a “stablecoin” because it is backed by traditional dollars....
...Since then debate has raged on whether the scheme — in which buyers pay for gas by depositing euros or dollars with Gazprombank, which in turn converts them into roubles using so-called “K” accounts — breaches...
...Spend a few hundred thousand dollars on jewellery and, only then, would you be offered a coveted Rolex....
...One fun thing to start: DD’s Rob Smith has a proposition for a better way to gauge the market — the ratio of El Risitas to Dimitri memes on Twitter. Don’t know what any of that means?...
...The likes of Disney, Sony, Amazon and Facebook are among those interested in securing a multi-billion dollar contract to screen IPL matches in India when the rights are sold later this year....
...In June 2014, the prized iShares ETF business crossed the $1tn mark, which Wiedman celebrated with a party in London where he wore a “trillion-dollar suit” made from dollar-bill-patterned cloth, according...
...So the pound is down today, down more than the euro against the dollar. So it’s again, it’s a sterling issue, not just the dollar strength issue. And the crucial issue is not so much the currency....
...They would see me and see dollars....
...Robert Armstrong asks: what price will we pay for sartorial freedom?...
...The project’s strategic importance has driven the early orders....
...He collected artefacts of dubious provenance: the skull of Robert the Bruce, the musket of Rob Roy....
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