We love financial plumbing, debt crises, balance sheets, margin calls, economic puns and snark.
Meet the team here and follow us on X @FTAlphaville
If stablecoins are the future of money, the BIS reckons the future looks a bit rubbish
Special money
Same, but bigger
None of that pesky public market stuff
No tee, no shade
Your end-of-week research wrap
UK x AI; Ticketmaster; cabbages; insurance; management consultants; Schelling; and salaries
Safe haven status: under fire everywhere but credit markets
Or at least, extremely rarely
But data is fun
Can Elon Musk’s moonshot deliver the mooted $1.75tn valuation?
Barclays pushes the autotext envelope
Whole Foods jail; AI x jobs; the US; journalism; Noma; essays; the Fed; Hormuz; and mammals
Some encharted evening
Finest boys in finance; private equity’s dark side; Pokémon for everyone
Gemini; MRPs; vodcasting; water; Dune warfare
Oh no, not again
Meta’s smart glasses; Supreme Court insanity; interactive XKCD; negative oil; western civilisation; crystals
Pioneer$ only
Long dark night of the Seoul
Triggered
Melania Trump at the UN; Ms Rachel; Dan McCrum; LLM gender bias; Daily Mail rage bait
Front line dispatches
Mr Tee
And a few other questions we don’t really answer
Robert Kennedy Jr; history rhymes; Stardew Valley; a map of happiness
Plotting action
The ARKK trade 2.0?
Steamroller or pipe dream?
R-star; disinflation; California; UN votes; robot hoover risk; Hendrix; vibe coding; Varoufakis; dishwaters; commenters; Allister Heath
The case for going long complacency
Engineered scarcity, meet dumb money
Intelligence; term premia; LLMs; school; URLs; PDFs; tariff refunds; X; nukebots; DOGE; Bonesmashing; dementia; Tourette’s
Or time to panic
Market-moving distribution with zero disclosure
AI and policy; AI and workers; Russian imports; farmers; PE ratios; backstops; SRTs; celebrations; billionaires; Venezuela; El Mencho
Baby, it’s cold outside