PensionCraft
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Hawks (wanted to hold rates at 4%) & doves (voted to cut 0.25% & won) on the MPC based on the latest minutes. Governor Andrew Bailey switched sides & swung the vote in favour of a cut but it was close. It's all down to whether inflation persistence or weak demand is the bigger worry
December 18, 2025 at 7:09 PM
Hawks (wanted to hold rates at 4%) & doves (voted to cut 0.25% & won) on the MPC based on the latest minutes. Governor Andrew Bailey switched sides & swung the vote in favour of a cut but it was close. It's all down to whether inflation persistence or weak demand is the bigger worry
That's a lot of red in tech 😔
December 18, 2025 at 8:57 AM
That's a lot of red in tech 😔
I don't usually make forecasts but... I know how one person will be voting in the FOMC today. And that's the problem
December 10, 2025 at 4:36 PM
I don't usually make forecasts but... I know how one person will be voting in the FOMC today. And that's the problem
The next Fed Chair could radically reshape markets and the frontrunner is the one Wall St fears most.
As Trump prepares to name Powell’s successor in early 2026, investors are scrambling to price in what each candidate means for rates, inflation, and the dollar. Here’s the breakdown👇
As Trump prepares to name Powell’s successor in early 2026, investors are scrambling to price in what each candidate means for rates, inflation, and the dollar. Here’s the breakdown👇
December 5, 2025 at 9:00 AM
The next Fed Chair could radically reshape markets and the frontrunner is the one Wall St fears most.
As Trump prepares to name Powell’s successor in early 2026, investors are scrambling to price in what each candidate means for rates, inflation, and the dollar. Here’s the breakdown👇
As Trump prepares to name Powell’s successor in early 2026, investors are scrambling to price in what each candidate means for rates, inflation, and the dollar. Here’s the breakdown👇
Artists told they can't use blue paint
Bakers told they can't use yeast
Musicians told they can't play the note C
Those would be ridiculous. Yet the government now plans to stop investors using the safest ingredient in their portfolio: money market funds inside Stocks & Shares ISAs
Bakers told they can't use yeast
Musicians told they can't play the note C
Those would be ridiculous. Yet the government now plans to stop investors using the safest ingredient in their portfolio: money market funds inside Stocks & Shares ISAs
November 29, 2025 at 8:16 AM
Artists told they can't use blue paint
Bakers told they can't use yeast
Musicians told they can't play the note C
Those would be ridiculous. Yet the government now plans to stop investors using the safest ingredient in their portfolio: money market funds inside Stocks & Shares ISAs
Bakers told they can't use yeast
Musicians told they can't play the note C
Those would be ridiculous. Yet the government now plans to stop investors using the safest ingredient in their portfolio: money market funds inside Stocks & Shares ISAs
Just recorded a Budget reaction video for investors. In it I walk through the market moves in real time (gilts, sterling, FTSE 250), what the OBR leak did to prices, and what that “steady as she goes” reaction really tells us. The video’s up now if you want the detail...
youtube.com/live/sC0mCxO...
youtube.com/live/sC0mCxO...
UK Autumn Budget 2025 - My Take
YouTube video by PensionCraft
youtube.com
November 26, 2025 at 8:43 PM
Just recorded a Budget reaction video for investors. In it I walk through the market moves in real time (gilts, sterling, FTSE 250), what the OBR leak did to prices, and what that “steady as she goes” reaction really tells us. The video’s up now if you want the detail...
youtube.com/live/sC0mCxO...
youtube.com/live/sC0mCxO...
OBR leak made sterling rally vs USD prematurely. Then Reeves' speech caused an initial wobble but eventually there was a rally as fiscal rules weren't breached and most of the content was known already
November 26, 2025 at 1:42 PM
OBR leak made sterling rally vs USD prematurely. Then Reeves' speech caused an initial wobble but eventually there was a rally as fiscal rules weren't breached and most of the content was known already
The long-delayed Sept jobs report finally arrived after the 43-day shutdown, offering the first clear look at the labour market in weeks. Payrolls beat expectations with +119k jobs, but unemployment rose to 4.4%, a four-year high. A strong headline paired with a worrying backdrop
November 20, 2025 at 6:10 PM
The long-delayed Sept jobs report finally arrived after the 43-day shutdown, offering the first clear look at the labour market in weeks. Payrolls beat expectations with +119k jobs, but unemployment rose to 4.4%, a four-year high. A strong headline paired with a worrying backdrop
China’s official gold purchases seem modest, but analysts estimate that real demand could be as much as 10x what’s reported. Huge unreported buying is helping send gold prices to record highs — and upending market signals. on.ft.com/3LCucBP
China’s secretive gold purchases help fuel record rally
Growing amount of unreported transactions presents challenge for bullion market traders
on.ft.com
November 14, 2025 at 7:40 AM
China’s official gold purchases seem modest, but analysts estimate that real demand could be as much as 10x what’s reported. Huge unreported buying is helping send gold prices to record highs — and upending market signals. on.ft.com/3LCucBP
Scotland gets the same investment-grade credit rating as the UK (Aa3/AA) from Moody’s and S&P for its first “kilt” bond sale since the 17th century. Funding and credit stability rest on the UK’s devolution framework, with most money transferred from Westminster
on.ft.com/3XpqjCL
on.ft.com/3XpqjCL
Scotland given same credit rating as UK ahead of debut ‘kilts’ sale
S&P and Moody’s award Edinburgh investment-grade status as it plans first bond issue since late 17th century
on.ft.com
November 13, 2025 at 8:59 AM
Scotland gets the same investment-grade credit rating as the UK (Aa3/AA) from Moody’s and S&P for its first “kilt” bond sale since the 17th century. Funding and credit stability rest on the UK’s devolution framework, with most money transferred from Westminster
on.ft.com/3XpqjCL
on.ft.com/3XpqjCL
Alpha is hard
Love this disgruntled investor's quote:
"There is not much else to say about that other than the fees hurt. If Paul had just invested his own money [in the S&P 500] since 1994, I think we would all agree he would not be as wealthy as he is today running Elliott."
on.ft.com/4oXOmo4
Love this disgruntled investor's quote:
"There is not much else to say about that other than the fees hurt. If Paul had just invested his own money [in the S&P 500] since 1994, I think we would all agree he would not be as wealthy as he is today running Elliott."
on.ft.com/4oXOmo4
November 12, 2025 at 9:31 AM
Alpha is hard
Love this disgruntled investor's quote:
"There is not much else to say about that other than the fees hurt. If Paul had just invested his own money [in the S&P 500] since 1994, I think we would all agree he would not be as wealthy as he is today running Elliott."
on.ft.com/4oXOmo4
Love this disgruntled investor's quote:
"There is not much else to say about that other than the fees hurt. If Paul had just invested his own money [in the S&P 500] since 1994, I think we would all agree he would not be as wealthy as he is today running Elliott."
on.ft.com/4oXOmo4
Gita Gopinath making a lot of sense here: UK’s fiscal woes go beyond slow growth, frequent policy changes create uncertainty. Moving to a single annual budget & rule assessment could boost stability & growth without sacrificing fiscal discipline. UK needs less volatility, more credible policy
November 11, 2025 at 4:52 PM
Gita Gopinath making a lot of sense here: UK’s fiscal woes go beyond slow growth, frequent policy changes create uncertainty. Moving to a single annual budget & rule assessment could boost stability & growth without sacrificing fiscal discipline. UK needs less volatility, more credible policy
The expensive parts of Mag 7 sold off this week
NVDA -7.1%
TSLA -5.9%
MSFT -4.1%
META -4.1%
GOOG -0.8%
AAPL -0.7%
AMZN 0.1%
AI hype cooled as investors questioned rich valuations and slow payoffs. Fed doubts, weak data, and profit-taking drove a rotation out of big tech into safer ground
NVDA -7.1%
TSLA -5.9%
MSFT -4.1%
META -4.1%
GOOG -0.8%
AAPL -0.7%
AMZN 0.1%
AI hype cooled as investors questioned rich valuations and slow payoffs. Fed doubts, weak data, and profit-taking drove a rotation out of big tech into safer ground
November 8, 2025 at 8:54 AM
The expensive parts of Mag 7 sold off this week
NVDA -7.1%
TSLA -5.9%
MSFT -4.1%
META -4.1%
GOOG -0.8%
AAPL -0.7%
AMZN 0.1%
AI hype cooled as investors questioned rich valuations and slow payoffs. Fed doubts, weak data, and profit-taking drove a rotation out of big tech into safer ground
NVDA -7.1%
TSLA -5.9%
MSFT -4.1%
META -4.1%
GOOG -0.8%
AAPL -0.7%
AMZN 0.1%
AI hype cooled as investors questioned rich valuations and slow payoffs. Fed doubts, weak data, and profit-taking drove a rotation out of big tech into safer ground
I'm a convert for microsuction - I can hear beautifully now just in time for my Bank of England livestream this evening. The lady removing the wax was almost performing an exorcism at one point as it didn't want to budge. Look at that malleus!
November 6, 2025 at 3:40 PM
I'm a convert for microsuction - I can hear beautifully now just in time for my Bank of England livestream this evening. The lady removing the wax was almost performing an exorcism at one point as it didn't want to budge. Look at that malleus!
'I could smell the onions and the mustard'
November 4, 2025 at 5:28 PM
'I could smell the onions and the mustard'
"UBS chair warns of ‘looming systemic risk’ from private credit ratings"
Poor timing, I shot my private credit video over the weekend 😔
on.ft.com/3LeYgU2
Poor timing, I shot my private credit video over the weekend 😔
on.ft.com/3LeYgU2
November 4, 2025 at 4:06 PM
"UBS chair warns of ‘looming systemic risk’ from private credit ratings"
Poor timing, I shot my private credit video over the weekend 😔
on.ft.com/3LeYgU2
Poor timing, I shot my private credit video over the weekend 😔
on.ft.com/3LeYgU2
"Research" by Barclays: "Over 40% of people lose money after following finfluencer ‘advice’". The article does suggest getting verification for the good influencers which isn't a bad idea
www.ftadviser.com/social-media...
www.ftadviser.com/social-media...
October 31, 2025 at 10:49 AM
"Research" by Barclays: "Over 40% of people lose money after following finfluencer ‘advice’". The article does suggest getting verification for the good influencers which isn't a bad idea
www.ftadviser.com/social-media...
www.ftadviser.com/social-media...
Reposted by PensionCraft
Ronald Reagan’s 1987 radio address on tariffs is trending again. Here’s what he actually said about trade, protectionism, and American leadership.
Full transcript: www.reaganlibrary.gov/archives/spe...
Full transcript: www.reaganlibrary.gov/archives/spe...
Radio Address to the Nation on Free and Fair Trade
042587a
www.reaganlibrary.gov
October 26, 2025 at 6:43 PM
Ronald Reagan’s 1987 radio address on tariffs is trending again. Here’s what he actually said about trade, protectionism, and American leadership.
Full transcript: www.reaganlibrary.gov/archives/spe...
Full transcript: www.reaganlibrary.gov/archives/spe...
Failed to dodge the showers
October 20, 2025 at 11:01 AM
Failed to dodge the showers
Reposted by PensionCraft
Edinburgh castle failing to render, likely thanks to the AWS outage
October 20, 2025 at 8:35 AM
Edinburgh castle failing to render, likely thanks to the AWS outage
Coinbase, Perplexity and Xero down due to AWS outage
I thought one of the arguments for cloud computing was to avoid these stability issues?
I thought one of the arguments for cloud computing was to avoid these stability issues?
October 20, 2025 at 7:50 AM
Coinbase, Perplexity and Xero down due to AWS outage
I thought one of the arguments for cloud computing was to avoid these stability issues?
I thought one of the arguments for cloud computing was to avoid these stability issues?