Financial Times

“Financial Times on Flipboard” is available with thousands of other magazines and all the news you care about. Download Flipboard for free and search for “Financial Times on Flipboard”.

How to value bitcoin with a traditional valuation measure

A London-based financial analyst who prefers to remain anonymous has constructed a bitcoin valuation model he’s called BitVal. The model is a bid to …

Bitcoin

Opening Quote: Stage set for Goodwin’s RBS testimony

Stage set for Goodwin’s RBS testimony. FT <i>Opening Quote,</i> with commentary by <b>Matthew Vincent</b>, is your early Square Mile briefing. You can sign up for …

Further reading

<b>Elsewhere on Monday,</b><p>– A NYT Fyre wrap, including this piece of optimism:<p>Yet, speaking on May 2 with unnerved employees at his TriBeCa office — with …

A utopian misdirection on energy

The Energy Transitions Commission, an independent group of distinguished global citizens, has just published a report, Better Energy, Greater …

Climate

Thought for the weekend

There’s an old adage that whomever enjoys either sausages or laws should never watch how they are made. Nowadays that runs increasingly true for the …

Markets

Consider avoiding icebergs this summer

Information is a funny thing: More is usually better. But once there’s enough data out there, only specialists have the time and ability to parse it. …

High-Frequency Trading

Clown Finance and Peak Bling in Monegasque merger

This is way beyond parody.<p>The so-called white paper is here.<p>The press release is here.<p>The ‘fund raising’ is here.<p>Wirecard are involved.<p>Expect more …

Trader undeterred by lifetime ban from the futures industry

Jon Corzine is asking people for money.<p>Dealbook reports he’s fundraising for a hedge fund. The last time Corzine ran a financial firm, $1.6bn of …

Henry Blodget

Japan shows America has no construction “worker shortage”, just a productivity problem

If you didn’t know any better, you’d probably think Japan builds far fewer houses than America, if for no other reason than the fact that Japan’s …

Housing

FT Opening Quote: Entertainment One offers more Peppa Pig

Entertainment One offers more Peppa Pig. FT <i>Opening Quote</i> is your early Square Mile briefing. You can sign up for the full newsletter here.<p>It’s …

Markets

Further reading

<b>Elsewhere on Friday,</b><p>– What Donald Trump needs to know about Bob Mueller and Jim Comey.<p>– Guntram Wolff: What could a euro-area finance minister do?<p>– …

Jean-Michel Basquiat

Guest post: Why monetary policy should go green

<i>Alexander Barkawi, founder and director of the Council on Economic Policies, argues that since central banks are already operating in a non</i> …

Green Economy

“He’s 32 and worth $100mil, he’s living the American dream”

Ok. you’ll want headphones and a desktop screen to experience this.<p>Alex has done a fab fact-checking multi-media thing on <i>PharmaBro! An …

Fraud

Snap AV: The state of the reflation trade

This is from Credit Suisse’s Andrew Garthwaite and team, who first chart the Trump Trade’s roll-over:<p>They think, despite the above which shows …

Credit Suisse

Further reading

<b>Elsewhere on Thursday,</b><p>– Jeff Gundlach appears at SALT as a hologram…<p>– The SEC might kill the quadruple-leveraged S&P 500 ETF?! Say it ain’t so.<p>– On …

Finance

2100: A Greek Odyssey

<i>To receive the Brussels Briefing in your inbox every morning, register for a free FT account here and then sign up here.</i><p>There is a point where …

Showtunes, securities fraud and a haunted hoverboard

In a small West Village theater last week, an audience cheered on the Wu-Tang Clan and Bill Murray as they stole a one-of-a-kind rap album from a …

Rap & Hip-Hop

It’s the hope of a Trump impeachment that kills you

<i>An occasional series about the distant possibility that Donald Trump does not in fact herald the apocalypse:</i><p>More punters are betting on a Trump …

Donald Trump

The currency of the future has a settlement problem

Anyone and everyone’s attention in bitcoin is currently transfixed on a single number: the amount of unconfirmed transactions building up on the …

Guest post: Is Greece just about to default?

<i>This guest post is from Peter Doyle, a former IMF staffer…</i><p>_____<p>Who could think so? Greek government bonds have been on a tear for a year; staff-level …

Greece

When tech negatives begin to outweigh tech positives

Frictionless systems are lauded in technology-land.<p>The easier access gets, the better, and the lower the barrier to entry the more compelling the …

Cybersecurity

Lessons from Luxembourg

Sometimes Luxembourg provides something for all. The European Court of Justice’s ruling on the parameters of free trade agreements – which determined …

Judiciary

Snap AV: Why are markets shrugging?

Markets have been reasonably calm in the face of troubling Trumpian (potential impeachment) newsflow.<p><i>Why?</i> is the question and we’re not accepting …

FT Opening Quote: British Land dons hard hat amid “uncertainty”

British Land dons hard hat amid “uncertainty”. FT <i>Opening Quote,</i> with commentary by <b>Matthew Vincent</b>, is your early Square Mile briefing. You can sign …

Snap AV: Trump’s irrational dollar

From Commerzbank as the dollar index looks to give up its Trump gains:<p>US President Donald Trump had a problem – from his own point of view: he was …

Donald Trump

Further reading

<b>Elsewhere on Wednesday,</b><p>– WannaCry and a relevant question: Why don’t they just update?<p>– What connects Brexit, the DUP, dark money and a Saudi …

Isaac Asimov

Snap AV: Foreign investors are still buying US Treasuries

The much-feared foreign exodus from Treasuries is <b>still</b> not happening, as Citigroup reminds us after the latest Treasury International Capital (TIC) …

foreign

FT Opening Quote: Vodafone redials its Indian impairment numbers

Vodafone redials its Indian impairment numbers. FT <i>Opening Quote,</i> with commentary by <b>Matthew Vincent</b>, is your early Square Mile briefing. You can sign …

Markets

Rule of Law (and Justice)

Perhaps the only phrase more stultifying than “any other business” is “General Affairs Council”. But that could change later today.<p>Frans Timmermans …