FT

fakieTreFlip

Here's the relevant part of the interview: >I think that we're going to have a human level performance on most if not all professional tasks. So white collar work where you're sitting down at a computer, either being you know a lawyer or an accountant or a project manager or a marketing person, most of those tasks will be fully automated by an AI within the next 12 to 18 months. And we can see this in software engineering. Many software engineers report that they are now using AI assisted coding for the vast majority of their code production, which means that their role shifted now to this meta function of debugging, scrutinizing of doing the strategic stuff like architecting of you know etc etc putting things into production, so it's a quite different relationship to the technology. And that's happened in the last six months. My own interpretation of this was that he's saying the actual low level output of the work will be automated, but humans will still be required for management of the AIs. He doesn't speak to the junior > senior engineer pipeline, so that part is still up for debate. I'd link to the interview video directly, but this sub apparently does not allow such links. You can search for it on YT under the title "Mustafa Suleyman sets out Microsoft AI's goal of 'humanist superintelligence' | FT Interview"

North-bound

FT ainec

itsnotshade

Unemployment rate is a better measurement of seeing who is looking for a job than that. I personally find U6 to be best to gauge where things stand since it includes people forced into PT seeking FT. The first chart you linked only measures the ratio of people working in the prime age bracket. It’s an offshoot of the labor force participation chart. Some people are not working because they’re looking. Some people aren’t working because they can choose not to. This is more to measure productivity potential as a whole country. The reason why more people as a whole are working could be necessity or another tick down in single income households. It’s not a win or loss.

adwise27

Missed this earlier: >"Donald Trump plans to roll back tariffs on metal and aluminum goods" - FT Lol

ivegotwonderfulnews

The real risk, if it all works out like its being contemplated, is deflation on a very significant scale. Today's FT interview with the msft head of AI is a real eye opener for this old timer. If he is right then ai agents will have the ability to do a majority of computer facing jobs within 12-18 months!! That seems quite a stretch BUT that provides a timeline that is being disseminated to inst investors and tells me that the market is going to have a very very hard time sorting out the winners and losers for the next 2 years. I'd be a seller on rips higher of anything you don't want to take with you on a big round trip

Gom_KBull

He needed to: * build more on Azure, its a great competitor in the cloud space * not tie MSFT to OpenAI's survival/success * not let Windows be a glorified web app * not mess up Xbox GamePass * let Xbox studios build the faith of its consumers * shrink his head size to normal human range * not communicate publicly with all his word-vomit * give up on Edge and focus resources elsewhere hes such a self-aggrandizing fuckup [](https://www.google.com/search?sca_esv=c7a34cb64741ffad&rlz=1C1RXMK_enUS1003US1003&sxsrf=ANbL-n4ZVlZjPe9TUBHpww_4FT2lGZh9hQ:1770858341520&q=self+aggrandizing&si=AL3DRZEN1hAP9XckN1nMXhCHGBArVJyGdBI03SUmtKZaB-WyDJAIHi0LMsB0qoABWHh4tPwh97ylfH3ZeBBDyq6XbNBcjWZRhwplrvBve0knhBrLb1bvkYlZW-1LvO2McUTN7D73n-8s6IiDbCQfVObmEKKHuj2JWW0gPv1gqH8enGmVvJQj-h8%3D&sa=X&ved=2ahUKEwiw_pKz4dKSAxX4MlkFHbJ6NNkQyNoBKAB6BAgYEAA&ictx=1)

x2eliah

Looking at the NOTAM's for El Paso, this one looks interesting. "!ELP 02/057 ELP AIRSPACE UNMANNED ROCKET WI AN AREA DEFINED AS 2NM RADIUS OF 314355N1060803W (12.7NM N E35) SFC-10000FT AGL 2602141500-2602142100" Feb 14th, that's a saturday. Prime time for doing stuff while markets are closed...

Ok_Cry7572

1 hr ago: US reportedly plans to exempt TSMC from chip tariffs, per FT

Superb_Round7102

We still feeling this one? Lots happening with FT but also what a history of being stagnant. 100k shares and potentially looking to add more

James___G

If you can reliably pick winners why are you posting on here rather than being interviewed as the next Warren Buffet by the FT?

pink_ego_box

They're buying buttloads of gold. The LBMA doesn't report who their customers are nor their bullion movements. The current price indicates massive buying from a mysterious buyer who isn't Tether or the central banks, at least not at reported levels. They want the Yuan to become the new reserve currency (how to increase confidence? By making it gold backed) and they're building the Unit, a common international currency 40% backed by gold and safe from US sanctions for the BRICS. Meanwhile everybody's looking away and Goldman Sachs says the rally is backed by retail, based on very small official China purchases that are obviously fake. Check out that FT article https://archive.is/20251115230238/https://www.ft.com/content/b77a95b0-ee74-4bde-b11f-32ee0fe03cd8

FuckleUp

Mobile mechanic FT maybe Win

Lost_Foot_6301

"Epstein suggested trades to Barrett that he then executed, such as a June 2018 request to buy 25,000 shares apiece of online car dealership Carvana and Canadian plane manufacturer Bombardier" - FT. for some reason I cant imagine epstein trading carvana

Stunning-Dig-8916

https://preview.redd.it/su8bjxn4bihg1.jpeg?width=700&format=pjpg&auto=webp&s=c73111d5a0465618a0a7a620836be44b309afb90 Look at this dumahh Warsh edit I just saw on FT.

Extra_Pin_3597

Nvidia drilling again today - fml Just when you think the dip of the dip of the dip was bought, another "sources say" article on FT drops about H200 chip sales hurdles.

ninshax

Apparently now it is called "journalism" copy/pasting reddit comments. This is a new low even for FT

BuildBackRicher

The FT has been highlighting the sell offs since Christmas. Their funders seem to be on the wrong side of this trade.

jonneh

People are heading for the exits at OpenAI > (FT) –– OpenAI is prioritising the advancement of ChatGPT over more long-term research, prompting the departure of senior staff as the $500bn company adapts to stiff competition from rivals such as Google and Anthropic. > > The San Francisco-based start-up has reallocated resources for experimental work in favour of advances to the large language models that power its flagship chatbot, according to 10 current and former employees.

cheetles_plus

https://preview.redd.it/yc2xnxy46ahg1.jpeg?width=1179&format=pjpg&auto=webp&s=b8aab8454011b4b4146c7627f749c5a9e222223d This FT headline and this mornings price action for precious metals reeks of “MMs missed the boat and needed a quick sell off to build positions last Friday”

Bichael-Murry

# btw silver regards of this cesspit made it to FT front page # congrats to everyone, it was truly a team effort!

981flacht6

FT for ya.

Paloma_Hayasi

Can't express how much I hate to see FT asking for money every single time

a11yChief

Someone leaked the announcement. I read it in the FT Wednesday night early Thursday morning. I was trading that day so remember it clearly.

Rin-Tohsaka-is-hot

I agree, *if* I was going to read the FT I would absolutely pay for it, it's legitimately high quality journalism. But OP could have linked any source, they chose this one. Sout China Morning Post has a similar article on the exact same subject he could have linked that can be read for free:https://www.scmp.com/?_gl=1*dk8ldc*_ga*YW1wLXpLYkUxYzNaT1BQbHNramJ3ME1BRGlZMnhGdzdnanMzWDRqeEIxbnJtRlpLVmUzeTJnUU44dUpRNGdCb3BtRzc.*_ga_VD9LCVW2ZV*MTc2OTk3MDM5MS4xLjAuMTc2OTk3MDQxNS4wLjAuMA..

sludge_dragon

Here’s one take on the story, from https://seekingalpha.com/news/4545100-xi-signals-push-for-yuan-reserve-status-as-beijing-eyes-bigger-role-in-global-finance : > Xi Jinping has laid out an explicit goal for China’s currency, urging that the renminbi evolve into a widely used international unit that can eventually be held as a reserve currency. > In an essay published Saturday in Qiushi, the Chinese leader argued that China should build a “strong” currency that is broadly used across global trade, investment and foreign exchange markets and that can ultimately be held by central banks as reserves. > Beijing has spent years promoting wider international use of the renminbi. The article is notable because it sets out a clearer definition of what that ambition requires. Xi pointed to the need for a more capable People's Bank of China, globally competitive financial institutions, and financial centers with enough depth to attract overseas capital and influence price-setting in global markets. > The comments were drawn from a 2024 address to senior regional officials and had not been made public until this week. …etc. It really displeases me that Reddit sent a notification for this incredibly annoying, content-free post. FT.com is particularly annoying because they appear to block regular archive sites like https://archive.ph/. But it did lead me to an interesting story.

gpolnvedei18

I gotcha: > Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. > Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions for China’s currency as Beijing seeks to play a greater role in the international monetary system. > > In commentary published on Saturday in Qiushi, the ruling communist party’s flagship ideology journal, China’s president said the country needed to build a “powerful currency” that could be “widely used in international trade, investment and foreign exchange markets, and attain reserve currency status”. > > China’s leadership has long sought to promote the internationalisation of the renminbi. But the comments marked Xi’s clearest definition yet of his goal of a “strong currency”, as well as the broader financial foundations Beijing will need to build to support it. > > These include a “powerful central bank” capable of effective monetary management, globally competitive financial institutions and international financial centres able to “attract global capital and exert influence over global pricing,” Xi wrote. > > The comments were originally part of a speech Xi delivered in 2024 to top regional officials, but had not been released publicly until this week. > > The publication of Xi’s comments comes amid heightened uncertainty in global markets as a weaker US dollar — which President Donald Trump last week called a “great” development — a change in leadership of the Federal Reserve and geopolitical and trade tensions have prompted central banks to rethink their exposure to dollar assets. > > “China senses the change of the global order more real than before,” said Kelvin Lam, senior China+ economist at Pantheon Macroeconomics. Xi’s emphasis on the renminbi reflected “recent ruptures in the global order”, he added. > > China’s central bank governor Pan Gongsheng last year forecast a new global currency order, telling investors, regulators and local officials in Shanghai that the renminbi would compete with other currencies in a “multi-polar international monetary system”. > > “Beijing wants the yuan to be a serious global currency — not necessarily to replace the dollar overnight, but to be a strategic counterweight that limits US leverage in a fracturing financial order,” said Han Shen Lin, China country director at The Asia Group. > > The renminbi has become the world’s second-largest trade finance currency since Russia’s full-scale invasion of Ukraine in 2022, but it plays a limited role in official reserves. As of the third quarter of 2025, the dollar accounted for about 57 per cent of global reserves, down from 71 per cent in 2000, while the euro stood at roughly 20 per cent, according to data from the IMF. The renminbi was sixth, at just 1.93 per cent. > > Analysts said an open capital account and full convertibility were critical for global investors and central banks to hold more renminbi. > > China’s trading partners have also called for Beijing to allow a sharper appreciation of the renminbi, which they argue is undervalued, making the country’s exports cheaper and helping fuel an unprecedented trade surplus that hit $1.2tn last year. > > IMF managing director Kristalina Georgieva late last year called on China to fix “imbalances” in its economy, including deflation that she said had “resulted in significant real exchange rate depreciation”. > > People’s Bank of China vice-governor Zou Lan said at a conference last month that China had no intention of using a weaker renminbi to gain a trade advantage. > > Chinese policymakers have signalled tolerance for mild appreciation, allowing the renminbi to strengthen past Rmb7 against a weaker US dollar. But it has continued to depreciate against the euro. > > “The core objective of China’s foreign exchange policy is to keep the renminbi stable and preserve its role as a store of value,” Lam said. > > China’s priorities of reviving stronger domestic growth and advances in emerging technology would support longer-term appreciation for the renminbi, said Zhang Jun, chief economist at China Galaxy Securities. > > Asia Group’s Han said: “Xi’s rhetoric won’t flip global foreign exchange markets today but it cements a long-term tilt investors are already sniffing out.” > > “Overall, Beijing senses the dollar’s shine isn’t unblemished and will nudge its currency forward.”

bam-RI

I'm not a reader. I just appeared to have the story without the FT paywall.

Zealousideal-Yak3845

You could bother to pay the journalists and join the subscription for the FT

idkwhateveryea

Most of the narrative was that it was profit taking and fed announcement strengthening dollar but there’s something that’s being overlooked - the FT reported yesterday that central banks bought less gold in 2025 and their gold purchases are declining, and that purchases from private investors offset this decline. That sort of goes against the idea that central banks are trying to shore up as much gold as possible to diversify from dollar

carrotliterate

According to the FT, the fall in gold and silver prices—which saw gold drop 11% and silver suffer a record one-day fall of 26%—was caused by a combination of political appointments, market exhaustion, and regulatory intervention: * **The Nomination of Kevin Warsh:** The primary trigger was Donald Trump’s nomination and confirmation of Kevin Warsh as the next Federal Reserve chair. Investors view Warsh as a "more orthodox economist" who is expected to maintain a firmer hand on inflation. This punctured the "dollar debasement" narrative that had been driving the gold rally and caused the US dollar to strengthen. * **Market Exhaustion ("Too Much, Too Fast"):** Analysts described the previous rally as unsustainable. Gold had reached record highs near $5,600 just a day prior, leaving the market "excessively overbought." The sudden drop was characterized as "classic top of the market behavior" and "capitulation on the buy side" after prices moved too far above their long-term averages. * **Regulatory Crackdown in China:** The Shanghai Futures Exchange (SHFE) took active steps to cool down the metals rally. This included suspending 10 groups of trading accounts and issuing warnings to market participants to "invest rationally" to maintain stability. * **A Reversal of the "Safe Haven" Scramble:** While global turmoil (in places like Venezuela, Greenland, and Iran) and uncertainty over US policy had initially driven investors into precious metals, the news of a more predictable Fed chair provided a sense of "clarity" that led investors to exit their safe-haven positions.

IsAlexMyName

I get FT for free because im in uni. You're telling me this shit is 300 FUCKING DOLLARS?

gizamo

I read and have an FT subscription. I'm probably still not going to read that one. Some articles are just not worth the time.

theequallyunique

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/a08f1b78-4816-4ff1-819c-e67e59c8d767 Donald Trump nominates Kevin Warsh as Federal Reserve chair President’s decision on successor to Jay Powell comes at pivotal moment for world’s most important central bank Kevin Warsh will become Fed chair at a time when the central bank is divided over whether to prioritise fighting elevated inflation or seeking to bolster a faltering jobs market © Tierney L. Cross/Bloomberg Claire Jones in Washington Publishedan hour ago 80 Print this page Donald Trump has said he will nominate Kevin Warsh as Federal Reserve chair, backing a well-known policymaker to run the US central bank at a time when it is facing one of the most severe tests of its independence. In a post on his Truth Social platform on Friday, the US president wrote: “I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM.” He added: “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. On top of everything else, he is ‘central casting,’ and he will never let you down. Congratulations Kevin!” Warsh, a former Fed governor, will succeed Jay Powell when his term as Fed chair ends in May, subject to Senate approval. The Stanford academic and partner at billionaire investor Stanley Druckenmiller’s family office is well regarded on Wall Street and his nomination will ease worries about the president’s relentless pressure campaign to force the Fed to lower borrowing costs. Trump’s decision to nominate Warsh, 55, caps the most contentious race to head the world’s most important central bank in recent memory. It comes at a time when economic growth is strong, but inflation remains elevated and the jobs market is showing signs of cooling after years of robust hiring. Warsh, who served as a Fed governor during the 2008 financial crisis, has echoed Treasury secretary Scott Bessent’s calls for an overhaul of the Fed’s governance, calling for “regime change” at the central bank. However, some viewed him as a long shot since his calls to shrink the Fed’s balance sheet could clash with the president’s demands for low rates. Long-term US borrowing costs and the US dollar were both up in early New York trading on Friday. Warsh had already interviewed for the top job once, in 2017, when Trump instead went for Powell, a man he quickly fell out with and has since labelled a “moron” and “stubborn mule” over his reluctance to slash rates. Warsh’s candidacy received a boost after bond investors and Wall Street executives voiced concerns that the man who was for a long time his closest rival, White House economist Kevin Hassett, would lower rates indiscriminately. Jamie Dimon, JPMorgan Chase chief executive, signalled his backing for Warsh, while Citadel’s Ken Griffin warned the president that picking a close ally for the job could hamper the Fed’s ability to fight inflation. A late show of support for BlackRock executive Rick Rieder failed amid concerns over the bond-market veteran’s donations to leading Democrats and Trump’s Republican rival Nikki Haley. Warsh built up his contacts on Wall Street in 2008, when he acted as the conduit between Fed officials and investors, helping to steer the central bank’s response to one of the most severe crises since the Great Depression. He has since criticised elements of that response, arguing that the Fed’s balance sheet became bloated following vast bond-buying sprees under successive quantitative easing programmes. Warsh shares Bessent’s view that the Fed has strayed beyond its original remit, becoming too powerful and taking actions that blur the lines between monetary policy and fiscal policy. If he is confirmed by the Senate, Warsh will assume the top position at a central bank divided over whether to prioritise fighting persistently high inflation or seeking to bolster a faltering jobs market. The Fed cut rates three times in 2025, bringing US borrowing costs to a three-year low. However, officials at the central bank kept borrowing costs on hold this week and have offered starkly differing assessments on the path of monetary policy in 2026. Stephen Miran, a Trump ally who joined the Fed in September, has said rates should be far lower, arguing that “phantom inflation” caused by housing prices and other measures is distorting the central bank’s decisions. Two of the regional Fed presidents who sit on the central bank’s rate-setting board — Lorie Logan, of the Dallas Fed, and her counterpart in Cleveland, Beth Hammack — have forcefully objected to further rate cuts. The challenge facing the Fed deepened this month after US prosecutors launched a criminal investigation into Powell over a $2.5bn renovation of the central bank’s headquarters. The probe drew a sharp rebuke from Powell, who said it was part of a series of threats from the White House intended to curb the Fed’s independence to set interest rates. A backlash in the Senate against the probe, including from Republicans on the influential banking committee, could complicate the former Fed governor’s nomination. Recommended Markets InsightDuncan Weldon Why more dissent is now vital at the Fed Some Republican senators, led by North Carolina’s Thom Tillis, have said they will refuse to advance Trump’s pick until the Department of Justice drops its investigation of Powell. However, Warsh has relatively strong contacts on Capitol Hill and support from traditional Republican lawmakers from his past stint on the Fed board, which could help him win approval. Warsh’s capacity to reform the Fed could also be threatened by Powell’s decision on whether to stay on the board until his term as a governor ends in January 2028. The Supreme Court’s looming decision on whether to allow Trump to fire governor Lisa Cook will also be a crucial moment in shaping the future of the central bank.

Icy_Item_9132

You're angry and I'm also angry af, but a dollar collapse would be terrible for everybody. A slow burn on the other hand... is happening and almost inevitable at this stage. Also, be careful not to conflate the dollar's strength or buying power, i.e. the value of the dollar against other currencies, with the very separate and often unrelated questions of the prevalence of its use as a reserve currency and in global trade. It's when the latter stops that the dollar loses its status. These are different issues. At one point in the recent past the dollar was trading at 1.6 to the euro but it was still very much the global reserve currency and currency of trade so it's value is not necessarily indicative. Great article on this topic in the FT yesterday.

ChadThunderDownUnder

The FT is worth every penny you fucking paupers.

Icy_Item_9132

The dollar is slowly but steadily losing importance as a global reserve currency and as the global currency of trade, and trump's actions are now significantly accelerating that. We are highly unlikely to see a "collapse" of the dollar as too much depends on it and that is in nobody's interest. But a slow burn is a different thing. You'll note that the questions of is prevalence in use as a reserve currency and use in trade are different questions compared to the strength of the dollar compared to other currencies, though there are some links between those things. If you want to read more about this, there was an article on exactly this topic in the FT yesterday.

pink_ego_box

I've seen a Goldman banker tweeting that yesterday feeling smart as fuck. But that's a lie. Of course if you look at USD value it goes up. You want to look at tonnage. The reality is China is buying tons of gold in secret, and people in the trade know that official numbers they report to the IMF are ridiculously low, as reported by the FT. https://archive.is/20251115230238/https://www.ft.com/content/b77a95b0-ee74-4bde-b11f-32ee0fe03cd8

Mustafak2108

I couldn’t listen to more than 10 minutes. Seems to be talking about the same thing the FT mentioned how he used to be more hawkish. Makes it a weird pick for Trump but doubt he’d hold the same position or opinions for him to be considered. Guess we might get lucky.

Rustybot

That makes more sense. I assumed that if they didn’t have FT employees, they had a partnership with a legally distinct development entity or all the employees were contractors or something.

LAX_Beast

Sub to FT/WSJ Apple website yahoo. Everywhere

anoos-tickle

BREAKING: The Trump administration has held covert meetings with separatists in Alberta, Canada, per FT Mango is literally an agent of maximum chaos

gopoohgo

FT

Moebiuzz

> Copper is not actually supply constrained https://www.spglobal.com/energy/en/news-research/latest-news/metals/010826-copper-supply-gap-to-widen-24-by-2040-as-electrification-accelerates-study The same is being said by Bernstein. I'm sure there was an article with that on FT but I can't find it. Also, earlier last year: https://unctad.org/publication/global-trade-update-may-2025-critical-minerals-copper

bananawrapper

I think we see a crypto come back in 2026. The odds on favorite for new Fed chair is pro stable coin/BTC, passing of the genius act and Larry fink talking tokenization at Davos. Seems like there's real institutional support now. In terms of stocks, I've bought LUCA, PHX, AVAV, FSLR, NXT and FT.TO to kick off the new year.

SprAwsmMan

all of them yearn to shoot "the other side". So much projection in their talk of "the other side" too. FI.FT.

mad3105

European here. US resident. Staunch democrat. This is all that matters when comes to US equities: the FT reported today that over 50% of consumer spending now comes from the top 10% of US society. It was like 30-40% 10-20 years ago. I’d bet 60-70% comes from the top 20%. Putting your morality hat on, it’s terrible, it’s depressing, it’s unethical so FUBAR. Putting your stocks hat on: it means the fortunes of the middle class and less fortunate are largely irrelevant when trying to calculate the profits of the publicly traded US equities you might want to buy. “Employment falls as Trump uncertainty weighs on corporate hiring appetite” is a great headline, but the amount of non loan money being spent by Americans tells a different story. I totally get it if you’re solving for morality and ethical concerns that you don’t want to be furnishing the balance sheets of American companies many of who have bowed to trump’s authoritarianism, but if you’re solving for returns, Trumpian volatility and uncertainty for the economy probably isn’t a good reason to pull money out of American equities. Better expected returns in commodities or Europe or Asian equities might be a good reason to reallocate your capital, but Trump probably isn’t one of them.

Gimdornim

Government taking 10% USAR stakes per FT

dvdmovie1

> USA is without a doubt at this point heading to isolationism. I thought last year we were heading towards a multi-polar world, a view that's only been reinforced since. The Singapore PM told the FT last year that “We are in an uncomfortable position where the old rules do not apply anymore but the new ones have not been written..." That doesn't mean no market opportunities though and if anything, some of the themes that I was buying last year (gold/real assets, Euro defense) have continued higher. It was clear early last year that Europe was going to have to invest in defense. Gold/metals have benefitted from instability. "I don’t see how that can be anything but catastrophic for the markets. " Much of Reddit has thought this all the way since the April low of last year. If anyone looked on pretty much any major financial media outlet over that time period, you didn't see the continual day in/day out doom you've seen here. I don't know why the people who are concerned about every headline don't also extend the concern to the currency and the idea that being in assets (as gold continues ramping) in this environment might be preferable to going to cash. " The Dow was close to 50k. I don’t think it’s ever going to hit it though." It's 48,535 and you think it's never going to hit 50k?

Soberdonkey69

I was just reading that article on the FT. This is just unhinged behaviour and just showcases that the current US administration wants everyone to bend over to the US.

moorhound

>FT: IMF warns global economic resilience at risk if AI falters >The “surprisingly resilient” global economy is at risk of being disrupted by a sharp reversal in the AI boom, the IMF warned on Monday, as world leaders prepared for talks in the Swiss resort of Davos. >“There is a risk of a correction, a market correction, if expectations about AI gains in productivity and profitability are not realised,” said Pierre-Olivier Gourinchas, IMF chief economist. Short answer: no.

Muugumo

I was skeptical of your response at first, but the FT has a break down here that supports what you're saying. There just isn't the liquidity for this to work. And the ownership of the treasuries is scattered in a way that makes a coordinated response an ineffective strategy.

The_UpsideDown_Time

Just a few: [US Factory sector contracts for 10th straight month](https://www.reuters.com/world/us/us-factory-sector-slumped-14-month-low-2025-ended-ism-says-2026-01-05/) [Number of PT workers seeking FT work (but unable to find it) at 8-year high](https://dnyuz.com/2026/01/08/more-workers-are-stuck-in-part-time-jobs-in-warning-for-the-economy/) [US hits $38 trillion in debt, in fastest accumulation of $1 trillion outside of the pandemic](https://www.pbs.org/newshour/politics/u-s-hits-38-trillion-in-debt-after-the-fastest-accumulation-of-1-trillion-outside-of-the-pandemic) [US Factory headcount falling: factory employment has dropped by more than 70,000 jobs since April.](https://www.reuters.com/world/us/us-factory-headcount-falling-despite-trumps-promised-manufacturing-boom-2026-01-09/) [Private payrolls rebound less than expected in December. ](https://www.reuters.com/business/us-private-payrolls-rebound-less-than-expected-november-2026-01-07/) Also, look up the (former) value of tourist spending in US by Canada & various European countries. I mean, seriously, pay attention. The signs are literally all around.

Ok_Cry7572

NVIDIA SUPPLIERS HALT H200 OUTPUT AFTER CHINA BLOCKS CHIP SHIPMENTS - FT Good for a Friday night headline in a 3 day weekend , dirty sufff

TWSTrader

**Institutional background here (14 years).** You are spot on with the thesis, though for accuracy, it was **Dan Ivascyn (Group CIO)**, not the CFO, who gave that interview to the FT yesterday. When a $2 Trillion shop like PIMCO publicly announces a "multi-year diversification away from US assets", they are signaling a repricing of **"Term Premium."** * **The Logic:** Bonds hate uncertainty. If the administration is attacking the Fed's independence (the DOJ probe into Powell) or threatening rapid tariff reversals, the "Risk Free Rate" isn't so risk-free anymore. * **The Move:** They aren't necessarily dumping *all* US exposure, but they are rotating into **Emerging Market Local Debt** and global bonds where the real yields are higher and the political risk is actually *priced in*. Basically, Ivascyn is saying the US Dollar and Treasuries are currently priced for "Perfection," and the political environment is anything but. It’s a classic **Capital Preservation** pivot.

NorthcoteTrevelyan

Took 5 years for the FT to bring down Wirecard. Plenty of others that have melted in days once denounced. We'll see1

iMakeGOODinvestmemts

Amazon pushes suppliers for cuts ahead of Supreme Court tariff ruling. Amazon has sought discounts from suppliers ranging from low single digits to as high as 30$ - FT. $AMZN

mikeylikesit47

FT is my top pick for 2026! I could 5x from here as they progress towards final investment decision (scheduled for Fall 2026), and if they get the green light could see a lot more!

lexi_con

Whoever replaces Jerome Powell as chairman of the U.S. Federal Reserve in May knows one thing: If they don’t do what President Donald Trump wants, they risk being criminally prosecuted. That was the unambiguous message in Powell’s extraordinary statement yesterday, in which he vowed to continue to set monetary policy independently despite the federal grand jury subpoenas investigating his statements to Congress about alleged cost overruns in the renovation of the Fed’s headquarters. “This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. … Those are pretexts. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President,” he said. “This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation.” Markets moved back into “Sell America” mode overnight as traders digested the prospect of an incoming Fed chair who lacks independent credibility: The dollar sank 0.32% against a basket of international currencies; the yield on 5-year Treasuries moved sharply up, a sign that investors now regard U.S. government bonds as being suddenly more risky; gold futures—the traditional safe haven—rose 2.21% today to hit a new record high over $4,600 per troy ounce; and S&P 500 futures are down 0.66% this morning prior to the opening bell. Wall Street analysts are almost universally negative about the news. “The combined drop in the dollar, equities and Treasuries was a reminiscence of the ‘sell America’ days of last spring,” ING’s Francesco Pesole told clients this morning. “The downside risks for the dollar from any indications of further determination to interfere with the Fed’s independence are substantial. Again, the bond market will be the most important barometer, both on the short end of the curve if markets price back in more rate cuts, or in the long end with potential stress signs on independence risks. A sharp steepening of the curve could take the dollar on a fall.” At Invesco Asset Management, analyst David Chao told Bloomberg, “The Fed subpoena is another example of how U.S. assets are becoming less attractive … Not only is the U.S. retrenching behind its Fortress America borders, the country is also becoming more predatory.” The subpoenas may also trigger a burst of inflation, according to RBC Capital Markets’ Blake Gwinn. “Markets will start to price in greater inflation expectations, inflation risk premium, and term premium if the Fed’s independence comes under further attack,” he told the Financial Times. “We don’t appear to have hit it yet, but every action is another step closer to it.” Counterintuitively, some analysts think that the investigation now makes near-term interest rate cuts less likely, because Powell and the other members of the Federal Open Markets Committee (FOMC) will be determined to show the markets that they are guided by the data and not legal threats. “The move may also help Fed independence,” UBS’s Paul Donovan said in an email. “Powell’s defiance might signal a reluctance to quit as a Fed governor this year. There are signs the Senate may delay confirming the nomination of a new Fed Chair. Concerns about market reactions and perceptions of institutional independence (in the wake of legal challenges) may become hawkish considerations in setting interest rates.” ING’s Pesole said, “Markets aren’t ready to price in a loss of Fed independence just yet, either on the view that Powell will indeed remain firm in his policy views (as he’s pledged to), the FOMC won’t be heavily affected, or that the DOJ subpoenas aren’t likely to lead to an indictment.” Either way, there’s a real sense of uncertainty among asset managers right now. “The Fed as we have understood it as an institution over the past couple of decades is fading from view. It’s operating in a different environment,” ANZ’s chief economist, Richard Yetsenga, told the FT.

Possible-Shoulder940

[https://futurism.com/artificial-intelligence/investors-bracing-ai-bubble-reckoning](https://futurism.com/artificial-intelligence/investors-bracing-ai-bubble-reckoning) For many months now, investors and even tech leaders have openly been discussing the possibility — but if or when such a collapse could take place remains a subject of heated debate. Nonetheless, investors are already preparing for that type of major tech sell-off, the [*Financial Times* reports](https://www.ft.com/content/48d9c100-0ec6-4edf-9395-eb44879ea5c6). The reporting shows that plenty of fear and uncertainty remain over the untold billions of dollars being poured into wildly unprofitable AI ventures — a dynamic that’s seen AI companies’ valuations skyrocket to record heights, [despite dubious prospects of ever turning a profit](https://futurism.com/artificial-intelligence/dark-clouds-gathering-ai-industry). Some are pulling back on their investments in major tech stocks, while others are outright betting on eventual drops in share prices. “Whether there are excesses… in the equity market on AI is no longer questionable, but to figure out which exact companies will be the losers and when this reckoning will happen is difficult,” fund management firm Amundi chief investment officer Vincent Mortier told the *FT*.

ColdxWinter

FT, it's up around 11% in two days.

NotTrynaGoTo4chan

Trying to solve this problem! Please fill out this form "African Investment Survey" [https://docs.google.com/forms/d/e/1FAIpQLSf9svCN51wu\_JASkYWFr49pYoW2FT9t8IlaRUeAiayd51ijBw/viewform?usp=sharing&ouid=112440600654180455266](https://docs.google.com/forms/d/e/1FAIpQLSf9svCN51wu_JASkYWFr49pYoW2FT9t8IlaRUeAiayd51ijBw/viewform?usp=sharing&ouid=112440600654180455266)

NotTrynaGoTo4chan

Trying to solve this problem! Please fill out this form "African Investment Survey" [https://docs.google.com/forms/d/e/1FAIpQLSf9svCN51wu\_JASkYWFr49pYoW2FT9t8IlaRUeAiayd51ijBw/viewform?usp=sharing&ouid=112440600654180455266](https://docs.google.com/forms/d/e/1FAIpQLSf9svCN51wu_JASkYWFr49pYoW2FT9t8IlaRUeAiayd51ijBw/viewform?usp=sharing&ouid=112440600654180455266)

bananawrapper

I've been taking a gamble on Canadian penny stock Fortune materials (FT.TO) and will continue to buy. With the NICO project, they have plans to develop a deposit with cobalt, bismuth (12% of global supply), gold (1 million oz) and copper in the NWT as well as build a refining facility in Alberta. There is heavy investment and support from the federal and NWT governments including funding for a 100km long all season access road connecting to HWY 3 completed in 2022. They still need to get major private financing to build out the mine and facility but given the current push to on-shore critical supply chains, like rare earths, there is a good chance they get across the finish line.

Alone-Experience9869

actually.... 95% of actively managed mutual funds don't beat "the market," being the S&P500. However, most of the actively managed mutual funds aren't equities based, they are bonds. So, its apples and oranges comparison. Its juts a "sales pitch" for "them" to get you to buy their etf products. Just like now people look exclusively at expense ratios instead of comparing with identical indices or looking at total returns. Earlier this year FT and Morningstar had long articles about this... Actually, a large majority (forgot the number) of actively managed mutual funds beat their benchmark index.

WBigly-Reddit

There are currently no credible, verifiable reports of a major bank failure tied specifically to silver futures trading today. Recent U.S. banking stress and failures (Silicon Valley Bank, Signature, First Republic) were driven mainly by interest-rate risk and asset/liability mismatches, not precious-metals derivatives.[1][3] Those events are months-old and not connected to a new silver-futures blow‑up. Given the lack of confirmation from major financial news outlets, regulators, or the banks themselves, what you are hearing is most likely market rumor or social‑media speculation, not an established fact. If you want to double‑check in real time, the most reliable places are: - Official statements or press releases from large banks you see named in rumors - Regulatory sites (FDIC, Federal Reserve, OCC) for new resolution or failure notices - Major wire services and business media (Reuters, AP, Bloomberg, WSJ, FT, etc.) for breaking bank-failure news Until a reputable source confirms a specific bank name, regulatory action, and transaction details, treat any claim of a “big bank failure due to silver futures” as unconfirmed rumor.

bananawrapper

A little off the board with a Canadian penny stock but I'm going to continue to buy Fortune Minerals (FT.TO) in the new year. They are still in the funding phase but there have been large investments from the NWT and federal government to help get the project off the ground including a 100km long all season access road connecting to Hwy 3. Their deposit has 12% of global bismuth supply as well as 1 million oz of gold. With the current push to onshore critical supply chains, like rare earths, back to north America, there is a very good chance the NICO project succeeds. If it does, 20x returns wouldnt be unreasonable.

Significant_Treat_87

Ah, thank you for explaining! So you’re saying the FT is mistaken

Significant_Treat_87

Thanks for sharing. I skimmed it and don’t have time to read it fully, but is he saying that *the US government* doesn’t subtract imports when calculating GDP in their reports (which is what the FT reported) or is he just saying you SHOULDN’T subtract imports — i understand his point that whether one should ideally subtract them depends on their use

Significant_Treat_87

I didn’t read the report itself but FT also pointed out some of this is due to reduced imports which i guess are usually subtracted from GDP measures

callsonreddit

ByteDance plans to spend $23 billion towards AI infrastructure in 2026, FT reports [https://finance.yahoo.com/news/tiktok-owner-bytedances-valuation-hits-093000737.html](https://finance.yahoo.com/news/tiktok-owner-bytedances-valuation-hits-093000737.html)

Appropriate_Ice_7507

Queue the FT report from China saying it’s a no go. Oracle goes down to 170

IslandExact429

FT Alphaville But OK

One-Arachnid-2119

Well, this (article from FT)[https://www.ft.com/content/bee83769-fa41-4d18-9dc2-4a46130c72a8] is pretty damning.

mnc5959

Wait the link is 404. Did the FT get pressured or something to take this down? Or is there another link to read this?

981flacht6

That's not what actually happened. FT is a tabloid.

friedbymoonlight

The bear celebration over a recycled FT article is going to make the V a cream delicious 

Thick_Expression_796


apurimac777

Who needs the WSJ, CNBC, Bloomberg, FT, when you have retards shitposting on the internet

alderson710

I honestly believe the news is intentionally trying to crush any hope in the market right now. Just look at when that CNBC/FT report dropped, right when the market opened. It’s like they time these things perfectly. Whenever they want to flip the switch, they’ll start pushing out bullish news to pump it back up.

jnas_19

Blue Owl talks on data centre investment stalled: FT Blue Owl will not back $10b deal for Oracle data center: FT

friedbymoonlight

This FT article stinks of desperation.  Reading Oracle sub on another site and peeps complaining that it’s recycled news. !banbet orcl 190 8 hours

After_Fee8244

BLUE OWL WILL NOT BACK $10B DEAL FOR ORACLE DATA CENTER - FT Is it finally happening?!

Impressive-Bee-5183

Oracle’s $10bn Michigan data centre in limbo after Blue Owl funding talks stall - FT $ORCL??? Will ORCL come back with comments today

myironlung6

Oracle’s $10bn Michigan data centre in limbo after Blue Owl funding talks stall - FT

myironlung6

Oracle’s $10bn Michigan data centre in limbo after Blue Owl funding talks stall - FT

pink_ego_box

The demand is coming from the central bank of China buying all the Comex and London stocks discretely. FT reported on it recently. They're building the "Unit", a gold and silver backed common currency for BRICS international commerce.

jnas_19

US Suspends Technology Deal with UK - FT

iMakeGOODinvestmemts

BROO... READ THE ROOM US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iMakeGOODinvestmemts

US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iMakeGOODinvestmemts

US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iMakeGOODinvestmemts

US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iMakeGOODinvestmemts

nah chief not tis time - we COOKED US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iMakeGOODinvestmemts

US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT might be real now

iMakeGOODinvestmemts

US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iMakeGOODinvestmemts

US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iMakeGOODinvestmemts

US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iMakeGOODinvestmemts

US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iMakeGOODinvestmemts

US has suspended the “technology prosperity deal” it signed with the UK in September, pausing planned cooperation on AI, quantum and nuclear. Per FT, Washington is frustrated over UK non tariff barriers and limited progress on food and industrial market access, though both sides say talks are still ongoing and the wider relationship remains intact. Source: FT

iDahves

Bloomberg: “US SUSPENDS TECHNOLOGY DEAL WITH UK- FT”

Gom_KBull

FT reported it yesterday, and if it was 6m 2 weeks ago... thats fucking crazy