James Mackintosh
@jmackin2.bsky.social
Writer of Streetwise column in the Wall Street Journal www.wsj.com/streetwise Here for FinTwit c. 2012. Ex FT
Reposted by James Mackintosh
Its the 8th of November. Seems like imaginary people are cancelling Christmas earlier and earlier.
When I were a lad, "they" didn't cancel Christmas until well into December. I blame woke.
When I were a lad, "they" didn't cancel Christmas until well into December. I blame woke.
It blows my mind that there are real people who see a post like this and actually believe the whole “Christmas is being cancelled by Muslims” BS 🙄
Let’s have a quick look at what’s happening to Sheffield so you can put your Express reading uncle’s mind at ease!😆
1/15
🧵
Let’s have a quick look at what’s happening to Sheffield so you can put your Express reading uncle’s mind at ease!😆
1/15
🧵
November 8, 2025 at 6:32 PM
Its the 8th of November. Seems like imaginary people are cancelling Christmas earlier and earlier.
When I were a lad, "they" didn't cancel Christmas until well into December. I blame woke.
When I were a lad, "they" didn't cancel Christmas until well into December. I blame woke.
Reposted by James Mackintosh
Tesla has suddenly become more like a blank-check company than an EV maker. (via Bloomberg Opinion)
Tesla’s SPAC-tacular Vote Is All-In on Musk
Tesla Inc.’s shareholders have taken an important step toward resolving one of the great mysteries of our time: What is Tesla? It is touted as, variously, an electric vehicle maker, a battery powerhouse, an autonomous driving pioneer, an artificial intelligence giant or an emerging leader in robotics. But the shareholder vote that just happened revealed that Tesla has become more like something else entirely: A blank-check company.
bloom.bg
November 7, 2025 at 11:00 AM
Tesla has suddenly become more like a blank-check company than an EV maker. (via Bloomberg Opinion)
Reposted by James Mackintosh
Every day I look at my screen and think "that's it, that's the quote that sums up this mad era." And then the next day there's another one.
www.axios.com/2025/11/06/o...
www.axios.com/2025/11/06/o...
November 6, 2025 at 5:03 PM
Every day I look at my screen and think "that's it, that's the quote that sums up this mad era." And then the next day there's another one.
www.axios.com/2025/11/06/o...
www.axios.com/2025/11/06/o...
You know how ChatGPT 5 is meant to fix stupid mistakes in maths? Not so much. Even when asked about stupid mistakes in maths.
November 5, 2025 at 5:49 PM
You know how ChatGPT 5 is meant to fix stupid mistakes in maths? Not so much. Even when asked about stupid mistakes in maths.
Reposted by James Mackintosh
Just picturing all the business interests trying to set up calls with City Hall and Lina Khan being all “well hello boys”
November 5, 2025 at 4:36 PM
Just picturing all the business interests trying to set up calls with City Hall and Lina Khan being all “well hello boys”
Reposted by James Mackintosh
Anyway, we need some joy, so here's the Egyptian foreign minister being given a Lego Pyramid by the Danish foreign minister.
November 3, 2025 at 2:35 PM
Anyway, we need some joy, so here's the Egyptian foreign minister being given a Lego Pyramid by the Danish foreign minister.
Reposted by James Mackintosh
One in twenty Reform councillors elected in May 2025 has left by the Autumn
- half expelled/suspended
- a quarter resigned from council
- some defected
An "unusual rate" of attrition in 6 months, says Tony Travers
www.politicshome.com/news/article...
- half expelled/suspended
- a quarter resigned from council
- some defected
An "unusual rate" of attrition in 6 months, says Tony Travers
www.politicshome.com/news/article...
Reform Is Losing Councillors Elected In May At An 'Unusual' Rate
Reform UK has lost more than 5 per cent of the councillors it had elected six months ago, an analysis by PoliticsHome has found.
www.politicshome.com
November 1, 2025 at 10:58 AM
One in twenty Reform councillors elected in May 2025 has left by the Autumn
- half expelled/suspended
- a quarter resigned from council
- some defected
An "unusual rate" of attrition in 6 months, says Tony Travers
www.politicshome.com/news/article...
- half expelled/suspended
- a quarter resigned from council
- some defected
An "unusual rate" of attrition in 6 months, says Tony Travers
www.politicshome.com/news/article...
@tracyalloway.bsky.social one slight flaw in your example: neither memory foam in mattresses (separate category btw) nor beds are quality adjusted!
November 1, 2025 at 10:55 AM
@tracyalloway.bsky.social one slight flaw in your example: neither memory foam in mattresses (separate category btw) nor beds are quality adjusted!
I'm no fan of excessive gilt but I'm amazed that a 1942 (remodel) building is so defended by architects/historians.
October 31, 2025 at 11:23 PM
I'm no fan of excessive gilt but I'm amazed that a 1942 (remodel) building is so defended by architects/historians.
This Reeves rental license breach is such a perfect example of bad regulation that she's supposed to be dedicated to getting rid of, and so easy to do.
October 29, 2025 at 10:42 PM
This Reeves rental license breach is such a perfect example of bad regulation that she's supposed to be dedicated to getting rid of, and so easy to do.
AWS and Azure both going down within a week shows once again we don't have a single point of failure in the system, but multiple single points of failure, each of which is serious.
October 29, 2025 at 10:20 PM
AWS and Azure both going down within a week shows once again we don't have a single point of failure in the system, but multiple single points of failure, each of which is serious.
Great line in today's WSJ oped (after pointing out that Trump's wrong to claim Reagan liked tariffs) www.wsj.com/opinion/reag...
October 27, 2025 at 2:39 PM
Great line in today's WSJ oped (after pointing out that Trump's wrong to claim Reagan liked tariffs) www.wsj.com/opinion/reag...
Administrators looking forward to taking it apart, brick by brick
Blackstone-backed theme park giant under pressure after debt sell-off on.ft.com/4o2WZ0D
Blackstone-backed theme park giant under pressure after debt sell-off
Struggles at Legoland owner Merlin Entertainments are raising the prospect of a debt restructuring
on.ft.com
October 24, 2025 at 8:29 AM
Administrators looking forward to taking it apart, brick by brick
That's not the only catch
Time to add crypto to your Sipp or Isa? Wait, there’s a catch on.ft.com/42Ul817 | opinion
Time to add crypto to your Sipp or Isa? Wait, there’s a catch
Regulatory changes make it possible to gain exposure inside a UK tax wrapper — but few platforms offer them
on.ft.com
October 23, 2025 at 10:54 AM
That's not the only catch
I feel like buy/sell/hold doesn't cut it any more and analysts need to add "to the moon 🚀" and "Screaming sell" to their recommendations
October 22, 2025 at 8:47 PM
I feel like buy/sell/hold doesn't cut it any more and analysts need to add "to the moon 🚀" and "Screaming sell" to their recommendations
Does any other country do a regular report on currency manipulation by trade partners, as the US does? Really looking forward to them slamming US manipulation of the argentine peso
October 22, 2025 at 8:05 AM
Does any other country do a regular report on currency manipulation by trade partners, as the US does? Really looking forward to them slamming US manipulation of the argentine peso
In every bubble the bulls come up with new valuation tools to justify wild overpricing (remember the price-to-click ratio?).
So it bothers me that gold is now being justified by comparing it to stocks, house prices and even US household income. These are bad comparisons.
So it bothers me that gold is now being justified by comparing it to stocks, house prices and even US household income. These are bad comparisons.
October 20, 2025 at 1:20 PM
In every bubble the bulls come up with new valuation tools to justify wild overpricing (remember the price-to-click ratio?).
So it bothers me that gold is now being justified by comparing it to stocks, house prices and even US household income. These are bad comparisons.
So it bothers me that gold is now being justified by comparing it to stocks, house prices and even US household income. These are bad comparisons.
Idea: NYSE and Nasdaq put up the money for BLS to produce data during shutdown, recouped from temporary rise in fees. Traders have data to trade that more than males up for extra fees, no need for Congress to function, and everyone's happy
October 18, 2025 at 8:45 AM
Idea: NYSE and Nasdaq put up the money for BLS to produce data during shutdown, recouped from temporary rise in fees. Traders have data to trade that more than males up for extra fees, no need for Congress to function, and everyone's happy
Reposted by James Mackintosh
wp.me/pDsIG-1ap
I'm really not a natural fiscal hawk, as this earlier piece shows. But going after the OBR or Bank is displacement.
Here is my piece on Tooze's call for the Bank to go a bit nuts
I'm really not a natural fiscal hawk, as this earlier piece shows. But going after the OBR or Bank is displacement.
Here is my piece on Tooze's call for the Bank to go a bit nuts
Is this really a BOE “whatever it takes” moment?
There is a striking column in the FT from Adam Tooze, the incredibly prolific Chartbook author , which as I see it boils down to this: prolonged stagnation has thrown the UK into a desperate positi…
wp.me
October 18, 2025 at 6:41 AM
wp.me/pDsIG-1ap
I'm really not a natural fiscal hawk, as this earlier piece shows. But going after the OBR or Bank is displacement.
Here is my piece on Tooze's call for the Bank to go a bit nuts
I'm really not a natural fiscal hawk, as this earlier piece shows. But going after the OBR or Bank is displacement.
Here is my piece on Tooze's call for the Bank to go a bit nuts
Reposted by James Mackintosh
Streetwise: Gold is in the grip of exactly the sort of speculative excess that creates bubbles in other parts of the financial system.
Can Gold Keep Rising? Depends if You Think This Time Is Different
The danger is that gold is in the grip of the sort of speculative excess that creates bubbles in other parts of the financial system.
on.wsj.com
October 18, 2025 at 7:25 AM
Streetwise: Gold is in the grip of exactly the sort of speculative excess that creates bubbles in other parts of the financial system.
Are there any films with more Cure songs than Starter For Ten? I count 5, plus Smiths (but slight let down: no Joy Division)
October 17, 2025 at 8:38 PM
Are there any films with more Cure songs than Starter For Ten? I count 5, plus Smiths (but slight let down: no Joy Division)
On Maccabi Tel Aviv, this reporting from DW (crucially from *before* Amsterdam) suggests it has a hooligan problem with its violent racist "ultras", but they're a minority of supporters, unlike another club www.dw.com/en/violent-p...
When far-right football fans take to the streets in Israel – DW – 08/07/2020
Recent weeks have seen major protests against Israeli prime minister Benjamin Netanyahu after corruption charges. In Jerusalem and Tel Aviv, members of two right-wing football fan groups have played a...
www.dw.com
October 17, 2025 at 3:03 PM
On Maccabi Tel Aviv, this reporting from DW (crucially from *before* Amsterdam) suggests it has a hooligan problem with its violent racist "ultras", but they're a minority of supporters, unlike another club www.dw.com/en/violent-p...
Given ICC warrant for Putin, how will he get to Budapest? Poss flight routes go over:
Belarus-Poland
Sea-Germany-Czech Republic
Sea-Romania
Sea-Bulgaria-Serbia
Hungary, Belarus and Serbia definitely won't arrest him, probably not Czechs, but the others?
Belarus-Poland
Sea-Germany-Czech Republic
Sea-Romania
Sea-Bulgaria-Serbia
Hungary, Belarus and Serbia definitely won't arrest him, probably not Czechs, but the others?
October 17, 2025 at 1:01 PM
Given ICC warrant for Putin, how will he get to Budapest? Poss flight routes go over:
Belarus-Poland
Sea-Germany-Czech Republic
Sea-Romania
Sea-Bulgaria-Serbia
Hungary, Belarus and Serbia definitely won't arrest him, probably not Czechs, but the others?
Belarus-Poland
Sea-Germany-Czech Republic
Sea-Romania
Sea-Bulgaria-Serbia
Hungary, Belarus and Serbia definitely won't arrest him, probably not Czechs, but the others?
If this headline is true it's the most important tech development for a long time www.bloomberg.com/news/article...
The Era of Truly Comfortable Ski Boots Has Arrived
Salomon’s new high performance S/Pro Supra Dual Boa model borrows cable-and-dial lacing from snowboard boots.
www.bloomberg.com
October 17, 2025 at 9:07 AM
If this headline is true it's the most important tech development for a long time www.bloomberg.com/news/article...