
Defcon 1 Financial Contagion Fire-drill
Rumours are swirling about financial contagion, and certain institutions being up against it. I don’t have any insider information. All I can tell you is
Where finance and media interesect with reality.

Rumours are swirling about financial contagion, and certain institutions being up against it. I don’t have any insider information. All I can tell you is

Business, Econ and Finance etc… The volume of sterling traded against Bitcoin exploded upwards to almost 11x the daily average during the peak of sterling’s troubles.

Just reposting my Twitter thread from earlier on Friday for the benefit of those who don’t necessarily check in on social media too regularly: THREAD:

Subscribers of my weekly newsletter will know that I’ve been working on a multi-part series about the nature of our intraday funding systems for weeks

When it became apparent this week that LDI entities, such as insurers and pension funds, would need a large chunk of cash very quickly so

Here’s an uncomfortable truth for a Thursday morning. The Great British Krona and the gilt market are going to be just fine. If you’re British
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