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FT Alphaville
@alphaville.ft.com
A markets and finance blog that's outside the FT paywall. All we ask is that you register to read: https://on.ft.com/3tDRiiu
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(Alphaville doesn't have a paywall, no matter what the site is telling you.)

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How to read FT Alphaville for free
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"UK mark-to-market losses are over 5 per cent of GDP — around 4x greater than comparable costs in the US"

www.ft.com/content/b548...
Lessons from the Bank of England’s QE programme
Letter writing, accountability and a postmortem of QE
www.ft.com
November 28, 2025 at 7:36 AM
Reposted by FT Alphaville
the only substack you need ftav.substack.com/?r=4ys07&utm...

* it's free, it's funny, it will make you feel fleetingly like you understand finance and economics before you remember that's not your brand. Other reasons may apply YMMV
FT Alphaville | Substack
We're the FT's finance blog. If it's dumb, delightful or just weird and involves money we're probably interested in it. Click to read FT Alphaville, a Substack publication.
ftav.substack.com
November 27, 2025 at 10:09 PM
November 27, 2025 at 6:01 PM
Larry Bagman

on.ft.com/48mu6WQ
Morgan Stanley thinks you should short Oracle
Single-name CDS are so hot right now
on.ft.com
November 27, 2025 at 12:42 PM
Nearly £100bn in active gilt sales have disappeared from the OBR's QT projections, for sensible reasons.

on.ft.com/4invCwb
Holy cow, the OBR finally used timely data in its QT forecast
[FREE TO READ] On Wednesdays, we accidentally share links
on.ft.com
November 26, 2025 at 4:54 PM
Tether Report

on.ft.com/4isVmYo
Tether gets junked by S&P
[FREE TO READ] Collateral damaged
on.ft.com
November 26, 2025 at 3:26 PM
Welcome to the shitshow.

on.ft.com/44xcfLo
OBR budget forecasts leak, gilts go parabolic
[FREE TO READ] Not so responsible, in retrospect
on.ft.com
November 26, 2025 at 12:14 PM
A Strategy update from the finite money grinch, @thekrazykobra.bsky.social

on.ft.com/48kKIxY
‘Infinite money glitch’; meet arithmetic
[FREE TO READ] Micro Strategy, major strife
on.ft.com
November 26, 2025 at 11:30 AM
Reposted by FT Alphaville
What even are par-par asset swaps, and why won’t they melt the gilt market today?
on.ft.com/43S8Vul
Don’t worry about another leveraged gilt market blow-up
Keep calm and carry on
on.ft.com
November 26, 2025 at 6:58 AM
Angels on pinheads was a breeze compared with this.

on.ft.com/48yLOHE
OpenAI needs to raise at least $207bn by 2030 so it can continue to lose money, HSBC estimates
[FREE TO READ] A burning platform
on.ft.com
November 25, 2025 at 5:29 PM
Stabledoubloons?

on.ft.com/4pvn5cT
Tether, the gold whale
[FREE TO READ] Gilty buy association
on.ft.com
November 25, 2025 at 7:01 AM
The joy you find here, you borrow.

www.ft.com/content/a081...
What US hedge funds are shorting right now
The little short before the big short?
www.ft.com
November 24, 2025 at 6:43 PM
🧙‍♀️📈🥳

on.ft.com/4oVDckb
Maybe the S&P 500 will triple?
[FREE TO READ] Stephen Miran’s old shop reckons that stocks are ‘not even close’ to a bubble
on.ft.com
November 24, 2025 at 4:48 PM
Reposted by FT Alphaville
It’s been a long time coming, but FT Alphaville is finally on Substack. You can subscribe and read for free, here: on.ft.com/49D7nIl
November 22, 2025 at 12:00 PM
New Yorkers unite against Con Edison; stock falls
[FREE TO READ] Power exchange
on.ft.com
November 21, 2025 at 11:27 PM
Reposted by FT Alphaville
it's up! an analysis of a new "economic capital" measure that turned into a slightly bitter autobiography www.ft.com/content/8df0...
The ‘Marathon Man’ approach to bank supervision
Can we really build better mousetraps?
www.ft.com
November 21, 2025 at 2:49 PM
📉📈📊 = 👕

on.ft.com/4rbo57I
FTAV’s Friday charts quiz
Graphic content
on.ft.com
November 21, 2025 at 5:39 PM
FT Alphaville Doesn’t Understand Crypto ©

on.ft.com/43JDZwh
Five questions from an ignorant no-coiner about the crypto crash
[FREE TO READ] Do Our Own Research
on.ft.com
November 21, 2025 at 4:21 PM
Alphaville asks questions, gets answers.

on.ft.com/489iSF2
Who is OpenAI’s auditor? (Update: it’s Deloitte)
[FREE TO READ] Just asking
on.ft.com
November 20, 2025 at 5:33 PM
Has buying illiquid stuff weakened US insurers' liquidity?

Yes.

on.ft.com/4pFsZbR
How’s liquidity in the US life insurance sector?
[FREE TO READ] Deteriorating, Bob!
on.ft.com
November 20, 2025 at 9:14 AM
Numbers from Singapore haven't been this closely watched since 1942.

on.ft.com/3JMIM9r
Nvidia’s lion buy omission
[FREE TO READ] Singapore’s slung
on.ft.com
November 20, 2025 at 9:04 AM
... And is it a bit weird they won't just tell us?

on.ft.com/4iasNyF
Who is OpenAI’s auditor?
[FREE TO READ] Just asking
on.ft.com
November 20, 2025 at 7:35 AM
Reposted by FT Alphaville
Reposted by FT Alphaville
AI is looking peaky, and Larry Ellison’s Oracle is in the contagion zone. Turns out, having OpenAI as one of your biggest customers isn’t always a golden ticket.

An @alphaville.ft.com and #FTEdit 🧵 on the software company’s perilous position 👉
November 19, 2025 at 4:08 PM