Paul J Davies
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pauljdavies.bsky.social
Paul J Davies
@pauljdavies.bsky.social

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

Business 46%
Economics 14%
Pinned
🧵 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

Just discovered this the other day and it absolutely kills me. open.spotify.com/track/77KSGV...
All Alone - Remastered
open.spotify.com

Taking names...
Wall Street execs and government officials gathered for a conference hosted by the Trump family’s cryptocurrency platform — showing how digital assets are both a policy priority and personal profit center in the president's second term www.bloomberg.com/news/article...
Trump Family Crypto Bash Convenes Wall Street’s New Believers
Wall Street executives and government officials gathered in Mar-a-Lago’s gilded ballroom for a conference hosted by the Trump family’s cryptocurrency platform — underscoring how digital assets have be...
www.bloomberg.com

They're defining it as woke and banning it, right?

The kids are *not* alright!

You sound exactly like them

Yes, I was trying to think of a better way of disparaging it but had to post and move on

Oooo... Just spotted Apollo's Marc Rowan among the, erm, exalted leaders who've joined Trump's model UN
The New York Times smeared AOC for saying “um”
Trump: "We have a man at the end ... you and your new friend ... these are two tough people"

Trump brags about stopping fighting between Armenia and Azerbaijan but can't remember the name of either country's leader

Reposted by Paul Davies

Oh my god they did the meme.

I am redirecting taxpayer money to my own ungovernable vanity project

If you want to be banker to the Bored of Peace, this is what you're signing up to >> Trump's Board of Peace no longer has anything to do with its UN mandate and should be blackballed, says @andreaskluth.bsky.social
www.bloomberg.com/opinion/arti...
The New York Times smeared AOC for saying “um”
Trump: "We have a man at the end ... you and your new friend ... these are two tough people"

Trump brags about stopping fighting between Armenia and Azerbaijan but can't remember the name of either country's leader

Such a wonderful Alan Partridge moment. "No red flags, not even amber ones. Only green, Lynn, green flags all the way back to London!"

Guess we could just swap out "felicity" for "criminality"...?
Forty years since Ted Hughes wrote his single most excruciating Laureate poem, for the wedding of Prince Andrew and Sarah Ferguson

I mean, I guess I can understand why you would, but I can really understand why you wouldn't!

JPMorgan in talks to be banker for Trump’s ‘Board of Peace’ www.ft.com/content/b101...
JPMorgan in talks to be banker for Trump’s ‘Board of Peace’
About two dozen countries have agreed to join controversial new US-led body as it seeks to raise billions to rebuild Gaza
www.ft.com

Reposted by Paul Davies

"More than 75,000 people were killed in the first 16 months of the two-year war in Gaza, at least 25,000 more than the death toll announced by local authorities at the time, according to a study published on Wednesday in the Lancet medical journal." www.theguardian.com/world/2026/f...
Gaza death toll in early part of war far higher than reported, says Lancet study
Research suggests more than 75,000 killed in the first 16 months of conflict, 25,000 more than announced at the time
www.theguardian.com
Forty years since Ted Hughes wrote his single most excruciating Laureate poem, for the wedding of Prince Andrew and Sarah Ferguson

Snort><
Oh, the grand old duke of york
He ██████████████████
He ██████████████████
And he ██████████████████

Pfffft… there’s bigger headlines in the European investment grade new issues market for us.
Good luck to anyone trying to publish any other news today.

“a man in his sixties from Norfolk”

How small he is now

Oh wow.
BREAKING: Andrew Mountbatten-Windsor (formerly Prince Andrew) has been arrested on suspicion of misconduct in public office.

He is accused of sharing confidential government documents with Jeffrey Epstein.

Unprecedented.

Side note: it is Andrew Mountbatten-Windsor’s birthday today.
Andrew Mountbatten-Windsor arrested on suspicion of misconduct in public office
It comes after Thames Valley Police said they were assessing a complaint over the alleged sharing of confidential material by the former prince with Jeffrey Epstein.
www.bbc.co.uk

Reposted by Paul Davies

BREAKING: Andrew Mountbatten-Windsor (formerly Prince Andrew) has been arrested on suspicion of misconduct in public office.

He is accused of sharing confidential government documents with Jeffrey Epstein.

Unprecedented.

Side note: it is Andrew Mountbatten-Windsor’s birthday today.
Andrew Mountbatten-Windsor arrested on suspicion of misconduct in public office
It comes after Thames Valley Police said they were assessing a complaint over the alleged sharing of confidential material by the former prince with Jeffrey Epstein.
www.bbc.co.uk

In the simplest, unaccountability-machine form, balanced public service news just becomes a bad averaging machine like a cheap ChatGPT. The nut graph is the most commonly repeated received wisdom on any topic.
Good luck to anyone trying to publish any other news today.

Reposted by Paul Davies

Bayer notes the U.S. order on glyphosate defense production reinforces farmers’ access needs and confirms the company’s compliance.

This seems like a silly case that won't tell us anything useful about investment banking culture or reasonable demands....

A court will decide if bankers can be fired for demanding sleep www.ft.com/content/60b3...
A court will decide if bankers can be fired for demanding sleep
US jury to rule on whether Centerview erred by sacking junior analyst who needed at least eight hours’ rest per night
www.ft.com

This is the real stablecoin - network of tokenised deposits for regional banks>

US banks are working to build a tokenized deposit network as financial firms fight to stay relevant amid the rise of digital assets www.bloomberg.com/news/article...
US Banks Build Tokenized Deposit Network to Guard Their Turf
US banks including Huntington Bancshares Inc., First Horizon Corp. and M&amp;T Bank Corp. are working to build a tokenized deposit network as financial firms fight to stay relevant amid the rise of di...
www.bloomberg.com

The poor man has been living in hell all his adult life

“The original sin was the ousting of Margaret Thatcher by Europhile Conservative wets in 1990…”

12 angry men (and some academy kids) and a short war specialist with a comicbook name… who the hell knows what that performance is going to look like. Gonna be quite an atmosphere tho!

The banter outcome got you there