Paul J Davies
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pauljdavies.bsky.social
Paul J Davies
@pauljdavies.bsky.social
5.4K followers 1.4K following 7.4K posts

Has views on banking and finance for Bloomberg Opinion.
Just because you “like” something doesn’t mean you *like* something…
Money. Music. Books and Bad like really atrocious Jokes. Also #COYS

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Business 46%
Economics 14%
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pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · Apr 9
🧵 A massive sell-off in Treasury markets is threatening to turn Trump’s tariff war into full blown financial crisis. Hedge funds unwinding highly leveraged basis trades is fuel to these fire sales – that’s bad on its own, but these trades are much more important than just bets on markets.
Shadow Banks Are Too Big to Stay in the Shadows
Mega hedge funds are so critical to modern finance they should be regulated more like banks.
www.bloomberg.com

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 5h
Full story on Blue Owl bosses' margin loans

www.bloomberg.com/news/article...

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 6h
YOINKS
BBG: Blue Owl Founders Pledged $1.9 Billion Stake Before Stock Plunge
Co-CEOs have pledged more than half of their stakes to secure loans, according to regulatory filings. The value of that collateral has slumped by $260m since the start of the year as the shares have lost 16% of their value.

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 11h
Yes that’s a really good way of putting it!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
“I didn’t come here to listen to the ills of Faversham, play the hey nonny nonnies!”

Tbf the peak of the evening was a folk rock version of The Mantle, which is pure Arthurian comedy ballad. Danny was well pleased with that!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
Some beautiful guitar and fiddle playing tho. And that’s the main point obviously!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
Enjoyable evening of folk music at Cecil Sharp House yesterday. Slightly odd experience 1 by being easily among the youngest in the audience and 2 because this deeply conservative form was accompanied by some punchy liberal social commentary and I couldn’t quite tell how it was going down!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
Frankly I think you shouldn’t even run this boilerplate bullshit quote from Osborne.

www.ft.com/content/8b04... Epstein propelled investment career of UK power broker Ian Osborne
"I never witnessed, nor was aware of, the repellent and illegal behaviour by him," Osborne said. • "It was a serious error of judgment, and one I bitterly regret. I am forever sorry for all the people who suffered by him." Osborne's relationship with Epstein appears to have started around 2011, when the then PR man offered to help rebuild the financier's image after his imprisonment. In June of that year, Osborne Partners, his PR firm, penned a three-page pitch that advised Epstein to steer clear of the then Prince Andrew and his former wife Sarah Ferguson, due to the interest of the British tabloid press. It also claimed Osborne Partners could "clean up" search engine results on Epstein's name, saying they had utilised an "excellent team of Israeli experts" for other clients.

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
I’m generally sceptical that even good leaders in business politics wherever really have their arms around everything that is going on underneath them in big organisations. Delegating well is very important. Keir Starmer is really rebasing my assumptions about how much even half-arsed leaders know.

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
Well as @tobyn.bsky.social wrote a while back, the bond market mostly just doesn’t want anyone to do anything. Ever. Even if that means a slow death.

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
It’s gojng to be Miliband, isn’t it? The compromise, the one left standing after Rayner and Streeting tear lumps out of each other?

bsky.app/profile/sund...
sundersays.bsky.social Sunder Katwala (sundersays) @sundersays.bsky.social · 3d
Interesting poll of Labour members.

Starmer
42-30 > Streeting
37-48 < Rayner
37-53 < Burnham (not MP)
Least likely contest of all is Starmer-Mahmood: wins 55-17!

But if a 2026 contest did happen, my hunch is q.difficult for incumbent to run (without unified ministerial + backbench support).

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
Are they particularly warning of chaos… with Ed Milliband?!

Reposted by Paul Davies

alexvont.bsky.social
Alex von Tunzelmann @alexvont.bsky.social · 2d
A scammer just tried exactly this on me via WhatsApp. Glad I saw a post here recently outlining the scam - it would be very easy to fall for. The “hotel” account had an unconvincing name, but they had my name, number & reservation dates. lifehacker.com/money/hotel-...
This New Hotel Reservation Scam Is Fooling People Who Use Sites Like Booking.com
If you've booked a hotel through a platform like Booking.com or Expedia, beware any communication that directs you to confirm your payment details to hold your reservation.
lifehacker.com

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
Oh I’ve only just noticed the same guy plays both Heathcliffe *and* the monster! I wonder if he’ll have something extremely interesting to say about the parallels on the Graham Norton show?!
pauljdavies.bsky.social Paul J Davies @pauljdavies.bsky.social · 3d
Why are we having a burst of original gothic and what does it mean? Wuthering Heights, Frankenstein, The Bride...

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
A face that says: Oh shit, Jesus is real all? How the fck am I gonna get out of this?!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
Excellent. Especially the crypto sections!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
Oh, posted erroneously by some halfwit staffer now was it?
It’s Ron Burgundy with his classic catchphrase: “I don’t believe you.”

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
Yeah but it’s more ensuring all the right stuff is collected and recorded (and in similar ways) so that someone can make pretty pictures that are reliable and won’t leave you exposed in court if it comes to it. At least that’s how I imagine a competent and functional world to be anyway!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
Never change Norwich. Never change.

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
And then I read both @dsquareddigest.bsky.social and @marcruby.bsky.social reciting tales of ad hoc excel use in the wild in serious financial risk taking businesses and I’m like hahahahaha. Oh. 🤦‍♂️

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 2d
Something I’ve said with complete confidence several times this week is: Serious companies in highly regulated industries need their information and decision making to be well recorded, accessible to management and auditable. So staff can’t just go building their own software for everything!

Reposted by Paul Davies

alistaircoleman.bsky.social
Alistair Coleman @alistaircoleman.bsky.social · 2d
Jack off all trades.
Builder caught masturbating in restaurant window on Norwich's London Street
A builder working on a site on London Street in the middle of Norwich was seen masturbating at a window by a passer-by, a court has heard.
www.edp24.co.uk

Reposted by Steve Peers, Paul Davies, Stephen Ryan

sundersays.bsky.social
Sunder Katwala (sundersays) @sundersays.bsky.social · 3d
Interesting poll of Labour members.

Starmer
42-30 > Streeting
37-48 < Rayner
37-53 < Burnham (not MP)
Least likely contest of all is Starmer-Mahmood: wins 55-17!

But if a 2026 contest did happen, my hunch is q.difficult for incumbent to run (without unified ministerial + backbench support).

Reposted by Paul Davies

ljkawa.bsky.social
Luke Kawa @ljkawa.bsky.social · 3d
On the “huge vibe divergence” between tech and finance on AI:

Enhanced AI tools are much more to the world, but AI is also much more of investors. sherwood.news/markets/why-...

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 3d
and there it is!
bsky.app/profile/gene...

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 3d
Journalists can't stop writing about this extremely unlikely penis gossip!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 3d
That one already takes the gold medal for silly olympic stories.

Paraffin! ffs

Reposted by Paul Davies

wsj.com
The Wall Street Journal @wsj.com · 3d
The Games hadn’t even begun when Milan was plunged into absurdity—by speculation about ski jumpers injecting themselves below the belt to enhance their performance. on.wsj.com/4agslLH
The Olympics Can’t Stop Talking About ‘Penis-Gate’
The Games hadn’t even begun when Milan was plunged into absurdity—by speculation about ski jumpers injecting themselves below the belt to enhance their performance.
on.wsj.com

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 3d
That would be pissing the take...

Reposted by Will Jennings, Steve Peers, Paul Davies , and 2 more

gelliottmorris.com
G Elliott Morris @gelliottmorris.com · 3d
if you spend any significant amount of time on X the everything app, your brain is being cooked

Reposted by Paul Davies

rollingstone.com
Rolling Stone @rollingstone.com · 3d
President Donald Trump went on a wild social media posting spree late Thursday night and into Friday morning, one that included a video depicting Barack and Michelle Obama as apes.
Trump Posts Wildly Racist Video of the Obamas
Donald Trump posted a video that included a clip depicting Barack and Michelle Obama as apes, set to "The Lion Sleeps Tonight."
www.rollingstone.com