John Stepek @John_Stepek
Sign up for my daily Bloomberg UK newsletter, Money Distilled, below. bloomberg.com/account/newsle… London, England Joined July 2010-
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In some ways the rest of the world will miss the @snp. They've done us a favour by retesting lots of very very stupid policies.. so we can all be absolutely sure they don't work. Who will do that for us now? bloomberg.com/opinion/articl…
Some thoughts on the latest events in UK public equity markets after another week of bids - most notably for Darktrace & Anglo American. There are many more in the pipeline. A long🧵(1/15),,,,
NO paywall. Listen for free. Why our guest thinks Sunak will be gone in a matter of weeks - and you'll be voting by July. bloomberg.com/news/articles/…
Meant to say, this mostly arose from a very enjoyable chat yesterday with my very smart Bloomberg colleague @stevehouf who was over from the US office this week. We were joking in a "yes, but actually that could happen" kind of way
Meant to say, this mostly arose from a very enjoyable chat yesterday with my very smart Bloomberg colleague @stevehouf who was over from the US office this week. We were joking in a "yes, but actually that could happen" kind of way
At this rate, the idea of a single universal equity market located in the US, catering to global companies, plus private equity for anything more local, is looking like an increasingly plausible outcome
In the context of angst over the state of UK's equity markets, this is interesting from @JavierBlas - the CEO of Paris-listed TotalEnergies echoes Shell boss in considering moving to a US listing where shareholders would appreciate it more bloomberg.com/opinion/articl…
I very much enjoyed this chat with @MerrynSW and to hear the warm dulcet disagreeing tones of @John_Stepek in response bloomberg.com/news/articles/…
Roll up, roll up, get your UK-listed equities here, while stocks last - oh, there goes another one bloomberg.com/news/articles/…
Interesting study on relationship twixt interest rates and house prices, although obviously it doesn't fully answer the question: how does this end up correcting and why hasn't it happened yet?
Interesting study on relationship twixt interest rates and house prices, although obviously it doesn't fully answer the question: how does this end up correcting and why hasn't it happened yet?
"Sure UK stocks are cheap. But where's the catalyst?" bloomberg.com/news/newslette…
You do not need to be a subscriber to listen to the Merryn Talks Money podcast. Totally free and available on your favourite platform right now. Listen in to find out who will be the UK's next PM (it might not be who you think..) open.spotify.com/episode/5G2qk9…
You do not need to be a subscriber to listen to the Merryn Talks Money podcast. Totally free and available on your favourite platform right now. Listen in to find out who will be the UK's next PM (it might not be who you think..) open.spotify.com/episode/5G2qk9…
We're heading for a July 4th UK election, and Rishi Sunak won't be leading the Tories into it - at least, that's the view of @MarketBlondes . Helen Thomas spells out her punchy but highly plausible forecast to @MerrynSW on this week's must-listen podcast. bloomberg.com/news/articles/…
Nature is healing
With the Greens finally gone perhaps Scotland can finally get building - and exploit one of its greatest resources, its gorgeous and empty coastline.
With the Greens finally gone perhaps Scotland can finally get building - and exploit one of its greatest resources, its gorgeous and empty coastline.
Earlier this week Nick Train said one mega merger would be the catalyst for the re-rating of the U.K. market. Is this it?? BHP (BHP AU) Approaches Anglo American (AAL LN) About Takeover - Bloomberg bloomberg.com/news/articles/…
2022: 1030 higher rate plus taxpayers left Scotland for England (taken £61m in taxes with them) to avoid high Scottish taxes says @thetimes. "Consistent with economic theory." Incentives matter. bloomberg.com/opinion/articl…
You know the UK undervaluation problem is getting chronic when my colleague @hughes_chris is suggesting that FTSE 250 companies might as well put themselves up for sale bloomberg.com/opinion/articl…
When I wrote last week on the need to build thousands more holiday homes/huts in the UK I was told that there is no demand for more in, say, the Outer Hebrides. If so why is there one (admittedly v nice) for sale for £995k on Harris? There's info in prices bloomberg.com/opinion/articl…
There are growing calls for central banks to raise their inflation targets to reflect the new economic realities of the post-pandemic world. What would it mean for investors? bloomberg.com/news/newslette… via @John_Stepek
Merryn Somerset Webb @MerrynSW
54K Followers 2K Following Senior Columnist, Bloomberg. Ex Ed in chief @Moneyweek. Ex Columnist/Contrib Editor @FT Opinions personal. NED: THRG Author #SharePower
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b45hx4bvl0o2do9 @h831siopjx1
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15K Followers 256 Following Full-time stock trader. Get trade ideas, market insights, and walkthrough guides from my weekly newsletter below.
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Julian Jessop 🏴�.. @julianHjessop
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Peter Higgins (conker.. @conkers3
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58K Followers 6K Following Former airborne soldier. Posts in a personal capacity. 🏴
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Given the violent threats and genuine losses experienced by whistleblowers in the years leading up to the Cass Review, I find this "radicalism breaking down doors" metaphor utterly glib. Bullies were trying to break people. theguardian.com/commentisfree/…
"What is absent is an acknowledgment that these are difficult questions about which reasonable people can disagree and which may involve incommensurable value systems."
They have given @yuanyi_z another book by a lawyer to review. thetimes.co.uk/article/human-…
It's utterly fascinating to observe which women's upset and tears moves certain men, and which doesn't.
“Global inflation remains undefeated.” Honestly they figure this stuff out a little faster if they’d just listen to the Merryn Talks Money pod.
Disagree with any of my beliefs, I don’t care. I’ll happily discuss with you, maybe try to persuade you. But I won’t think you hate me because you don’t believe what I believe. That’s because I don’t think my beliefs are my whole existence. Only religious fanatics think that.
All of @hannahsbee’s piece on birth trauma (in the NS, and now today’s Times) is brilliant. But this little thing stood out to me, because it’s an experience I’ve had in the NHS too — being given bad or contradictory instructions and then being scolded for following them:
A very woke-friendly definition of 'woke'! What does 'mainstream' mean here? theguardian.com/commentisfree/…
But this has always been the critique of woke - that it's an establishment fetish which isn't shared by the majority of the public (or what I'd call 'mainstream')
'Ok so we fucked up by backing the wrong side in the paedriatic medical scandal of the century but the head of MI6 is a he/him so suck it up losers' is – how to put this – a creative take on the past week's events theguardian.com/commentisfree/…
Personally speaking, as someone who wrote about MI6 boss pronouns in the Times this week, I’m not furious about it, I’m deeply, contemptuously amused (also not on the Right but never mind about that)
'Ok so we fucked up by backing the wrong side in the paedriatic medical scandal of the century but the head of MI6 is a he/him so suck it up losers' is – how to put this – a creative take on the past week's events theguardian.com/commentisfree/…
dads, how do you find time for any intimacy with your partner??? 12-7am: sleep 7-845: breakfast, coffee, get kids ready 845-915: take kids to school 915-345pm: work 345-415: get kids from school 415-530: work 530-830: dinner, family time 830-9: put kids to bed 9-1030: walk dog,…
In a true meritocracy he would have a part time job in the Holyrood Parliament gift shop.
NEW: Ross Greer from the Scottish Greens implies a change of SNP leader would mean his party could support the Scottish Government in Anas Sarwar's confidence motion. He says they have "absolutely" lost confidence in Humza Yousaf. @CalumAM | @akmaciver | @geoffaberdein
"Feminists! Solve the oppression of women by not calling the oppressed group 'women' any more" is like a Viz Top Tip, yet we're asked to treat it as a serious political position
The tweet in question. It’s like a Twitter Call of Cthulhu.
@lfeatherstone @LBC @TomSwarbrick1 @carolinenokes Nokes was about as articulate as a Labrador with a head cold there. Talking absolute rot, GCSE grade 3 debating skills at best. And all you have articulated is your embarrassment when challenged on your own wild accusations in the most polite manner possible.
@lfeatherstone @LBC @TomSwarbrick1 @carolinenokes That's fine with me. But if you accuse a professional broadcaster, evidently treading as delicately as he could, of an "utter lack of understanding or empathy", you should have some solidly assembled arguments prepared to support that. Otherwise it looks like an insult.
@lfeatherstone @LBC @TomSwarbrick1 @carolinenokes Nokes was about as articulate as a Labrador with a head cold there. Talking absolute rot, GCSE grade 3 debating skills at best. And all you have articulated is your embarrassment when challenged on your own wild accusations in the most polite manner possible.
Oh my sweet summer child 😂 When someone of either sex says “let me ask my husband/wife” it means “No, and I can’t be bothered to explain to you why”
Some thoughts on the latest events in UK public equity markets after another week of bids - most notably for Darktrace & Anglo American. There are many more in the pipeline. A long🧵(1/15),,,,
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