Paul J Davies
banner
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

Word.

Compulsive tracking doesn’t measure what really counts

www.ft.com/content/5e98...
Compulsive tracking doesn’t measure what really counts
Centuries of the subtle craft of measurement have given way to gadgets that spew numbers
www.ft.com
This was a masterpiece of a feature story on how Epstein became Epstein. Notice all the moneyed people who knew he was a liar, fraudster and abusive jerk who let him stick around because they wanted to save face or identified with a "striver." www.nytimes.com/2025/12/16/m...
Scams, Schemes, Ruthless Cons: The Untold Story of How Jeffrey Epstein Got Rich
www.nytimes.com

Club World Cup. AJ vs Jake Paul. Sabalenka takes a time out to dance the Macarena in the Battle of the Sexes. Welcome to the death of sport.

This is legit horrific
"And I never say no"

We need to have a serious talk about the way "AI companion" apps not only prey on the vulnerable, but are priming their users to ignore consent and to conflate love with control.

We need AI regulations across so many sectors, but this area is particularly horrifying.
Kyrgios defeats Sabalenka but Battle of the Sexes veers too close to circus
Kyrgios defeats Sabalenka but Battle of the Sexes veers too close to circus
Nick Kyrgios won 6-3, 6-3 against Aryna Sabalenka in an intriguing Dubai contest with celebrity interruptions
www.theguardian.com
"And I never say no"

We need to have a serious talk about the way "AI companion" apps not only prey on the vulnerable, but are priming their users to ignore consent and to conflate love with control.

We need AI regulations across so many sectors, but this area is particularly horrifying.

The crass stupidity of the bacon comment candidate has me seriously wondering about the consequences of the relatively low pay available for British politicians.

This lovely but utterly hopeless time warp of a jewelers in Camden High Street finally closed in <checks notes> early 2023! We still have the ramshackle vintage camera shop a few doors away that has been there since before I ever first came to Camden as a teenager.

Natural numbers are better numbers.

Makes perfect sense. Only eggheads cannot understand.

On Monday, I wrote about Marc Rowan’s mission to redefine private credit to convince the world it’s safe. Apollo issued about $190bn of lending in the past 12 months — equivalent to almost 30% of the growth in loans and leases at all US banks.
www.bloomberg.com/opinion/arti...
Apollo’s Marc Rowan Wants to School You in Private Credit
Marc Rowan is on a mission to redefine private credit. The future of the company he leads, Apollo Global Management Inc., could depend on his success — or failure.
www.bloomberg.com

Some of us on @opinion.bloomberg.com like to write profiles this time of year of people we think are approaching a critical moment in their careers or companies. Today @parmy.bsky.social on Google’s Demis Hassabis’s next big move >> www.bloomberg.com/opinion/arti...
Google’s Chess Master Is Working on AI's Killer App
You may have only recently heard about Demis Hassabis. He’s been named one of Time magazine’s “AI architects,” won a Nobel Prize for using the technology to predict protein folding and runs Google’s A...
www.bloomberg.com

Idk. You could’ve gone to Tesco without Kier Starmer!

one author whose books were a staple sight of my childhood that I never ever read

You have to travel back in time to the shabby old version of Camden market circa 1996 to source this crap and time travel ain’t cheap you know!

I have a comforting feeling that 2026 will be the year of “give em enough rope…”

Was thinking Michael Caine earlier but then remembered he is also being kept warm by Nolan.

I have to hear the views of you both on Nolan irl one day. I am still a fan. His films are increasingly preposterous but I still enjoy them immensely.

I hope you’ll be listening to Chris Rea for entire parade!

John Wayne definitely (no bigger boomer screen hero surely), Burt Reynolds mostly and Clint Eastwood nearly… maybe different in America.

See when you put “chase fox” in quotes in the headline you just make me think the whole story is bullshit before I even look.

Reposted by Paul Davies

King and Queen’s former hunt filmed as hounds ‘chase fox’
King and Queen’s former hunt filmed as hounds ‘chase fox’
www.thetimes.com

“The latest fatberg, which has been found in the Whitechapel area of the capital, has led Thames Water to urge people to think carefully about what they pour down sinks and flush over the festive period.”
Aka Don’t fckin pour cooking oil down the plug hole!

www.theguardian.com/uk-news/2025...
Fatberg weighing 100 tonnes discovered in east London sewer
Mass of congealed fat, oil and grease 100 metres in length found blocking sewers in Whitechapel area of capital
www.theguardian.com

They sell individual annuities. To people.

Just like a kind of museum isn’t it? Crossed with a kind of tourist/leisure thing? Definitely can be run by a charity.

But everyone will be friends or family in all will get pre-pardons

Of course he did. “This morning Chris Philp, the shadow home secretary, went further.”

Tories call EHRC chair’s comments a ‘disgrace’ after she warns ‘demonisation of migrants’ bad for UK – politics live
www.theguardian.com/politics/liv...
Tories call EHRC chair’s comments a ‘disgrace’ after she warns ‘demonisation of migrants’ bad for UK – politics live
Chris Philp says Mary-Ann Stephenson is dismissing ‘legitimate concerns about mass migration’
www.theguardian.com

Related: Very auspicious timing for this bit of news about Apollo increasing the liquidity and defensiveness of its balance sheet in the FT >>

Apollo cuts risk and stockpiles cash in preparation for market turmoil

www.ft.com/content/b315...
Apollo cuts risk and stockpiles cash in preparation for market turmoil
Marc Rowan tells investors firm is positioning itself for when ‘something bad happens’
www.ft.com

lol! It’s funny because it’s true. Personally far from convinced that a crypto crash would be at all systemic but that doesn’t mean a supine Fed wouldn’t answer the call.

Reposted by Paul Davies

I’m not saying it’s no big deal. And how am I encouraging anyone to kill themself? It’s a proscription that should never have been made imo and it’s why this is happening - the extreme overreaction has generated the much wider sympathy and profile that might have encouraged the hunger strike.

He blew up a damn? In Castle
Combe? 😂