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Reposted by Jim Kane

Common Wealth @cmmonwealth.bsky.social · 17h

“For right-wing populists, the cost of living crisis is the gift that keeps on giving, allowing them to blame the experience of declining living standards on migrants and perceived ‘outsiders’.”

Our Director @mathewlawrence.bsky.social in @theguardian.com 🔗👇

www.theguardian.com/commentisfre...

Soaring bills are the gift that keeps on giving for Reform. Shame Labour doesn’t have the guts to do anything about them | Mathew Lawrence

A cost of living crisis is not inevitable if there is the will to stop companies extracting profits from Britain’s essential services, says Mathew Lawrence of the Common Wealth thinktank

www.theguardian.com

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Reposted by Jim Kane

Jim Kane @kanejim.bsky.social · 14h

That was quick

Screenshot of chart from October 14, 2025 BofA Fund Manager Survey. Most likely "source of credit event" is private equity/private credit

Second chart showing the ramp up in concerns about private credit since August

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Jim Kane @kanejim.bsky.social · 11h

ESG means putting a floor under a company's debt during a strike 🫠

www.top1000funds.com/2025/10/calp...

ESG integration within investment-grade fixed income has also given the allocation a valuable edge.

For example, CalPERS profited after fundamental ESG analysis drawn from sister teams in sustainability and governance led by Peter Cashion and Drew Hambly informed the belief that last year’s strike action at defence giant Boeing would end, and production at the company would get back on stream.

CalPERS positioned accordingly, overweighting the company on the basis that it would get compensated for governance risk and there was an advantage in adopting a larger position because Boeing’s bonds were “trading cheap.”

“Once we came to that conclusion, [Boeing] became overweight in the portfolio,” said Parks.

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Lenore Palladino @lenorepalladino.bsky.social · 13h

"But it might really soon" -- love, the IMF

www.imf.org/en/Blogs/Art...

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Jim Kane @kanejim.bsky.social · 14h

Text says: “Nothing bad has happened yet.”

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Jim Kane @kanejim.bsky.social · 14h

That was quick

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Reposted by Jim Kane

Monica DiLeo @monicadileo.bsky.social · 17h

New report out now with @granthamlse.bsky.social CETEx: "A framework for central banks navigating political uncertainty in the transition"

cetex.org/publications...

A framework for central banks navigating political uncertainty in the transition - CETEx

This report recommends three principles for coping with the political uncertainty faced by central bankers.

cetex.org

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Jim Kane @kanejim.bsky.social · 16h

"The business has already started to pull in higher fees. BlackRock’s performance fees rose about 33% to $516 million, driven by the private markets business."

BlackRock Hauls in $205 Billion as Private Assets Accelerate

BlackRock Inc. pulled in $205 billion of client money in the third quarter as the world’s largest fund manager expanded its footprint in private credit and alternative assets.

www.bloomberg.com

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Reposted by Jim Kane

Brian Callaci @briancallaci.bsky.social · Sep 11

Crassly dipping my toe onto this platform with self-promotion: My book, Chains of Command: The Rise and Cruel Reign of the Franchise Economy now has a beautiful cover, and a release date: April 20th. So you'll have something to enjoy with your 4/20 Taco Bell order! bookshop.org/p/books/chai...

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Jim Kane @kanejim.bsky.social · 1d

Preempting the asset manager society in Philadelphia...

"A third bill would ask voters to approve another charter amendment, this one to ban the city from privatizing or otherwise contracting out the ownership or operation of its water supply and sewage systems."

O’Rourke proposes rent rebate and permanent funding for free SEPTA passes

Councilmember Nicolas O'Rourke argues that more public transit aid for low-income residents would show that government can work.

billypenn.com

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Jim Kane @kanejim.bsky.social · 1d

I really hope that my cause of death is not a public execution by the menswear guy.

Ghostin this Hell @hoovybaby.bsky.social · 2d

no quarter given lmao

Matt Stoller & @matthewstoller • 2h
UPS had seven months of warning about the de minimis change, but is still taking packages w/o getting required customs info & is making tariff charge errors.
Nice use of passive voice though!

derek guy
@dieworkwear • 2h
i apologize using a passive voice. i was not born in london to a wealthy bank executive, sent to an exclusive private prep school in new hampshire, and then studied at harvard before larping as a champion of the people. you have to work with my low upbringing.

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Jim Kane @kanejim.bsky.social · 1d

this follows their Trump visit a few months back.

Jim Kane @kanejim.bsky.social · Apr 18

"We've exhausted our home country"... that's one way of putting it.

www.pionline.com/retirement-f...

Australian super funds seeking U.S. assets worry about Trump
On a Monday morning in February in Washington, more than a dozen Australian superannuation fund executives showed why everyone in the U.S. with a big project to fund wants to meet them.

“We have capital to invest in the United States — that was the purpose, that was the key message,” says Sam Sicilia, chief investment officer of the A$115 billion ($73 billion) pension fund Hostplus, Melbourne, after returning from the Australian Super Summit. “We’ve exhausted our home country. We come to you wanting to invest money in the United States.”

The executives were joined at the Australian Embassy by U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Australian Treasurer Jim Chalmers.

Jim Kane @kanejim.bsky.social · 1d

Australian pension funds headed to the UK to lobby for ↑ de-risking.

Australian Pension Bosses to Meet UK Funds, Lawmakers in Summit

The heads of some of Australia’s biggest pension funds are heading to Britain to meet government members and UK counterparts in a summit designed to encourage investment in the region.

www.bloomberg.com

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Zohran Kwame Mamdani @zohrankmamdani.bsky.social · 2d

Andrew Cuomo is incapable of speaking clearly and directly about Trump’s authoritarianism.

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Jim Kane @kanejim.bsky.social · 8d

If you're trying to make sense of BlackRock's recent buying spree, we have a deep dive into the firm's operations and where it's likely headed.

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Jim Kane @kanejim.bsky.social · 3d

man, this story is depressing…

“In the beginning, I lost some money,” said Cao, who started trading penny stocks on his phone as a teenager and dabbled in options. “It’s a learning experience.”

More Working-Class Americans Than Ever Are Investing in the Stock Market

For the first time, a majority of low earners have an investment account, and more than half of those new investors entered the markets in the past five years.

www.wsj.com

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Daniel Denvir @danieldenvir.bsky.social · 4d

New @thedigradio.bsky.social: SECOND of two w @melindacooper.bsky.social on Counterrevolution: Extravagance and Austerity in Public Finance. How asset boom and bust drove MAGA’s rise and also revealed powerful monetary tools that could make socialism—that and more www.thedigradio.com/podcast/from...

From Fiscal Austerity to Monetary Abundance w/ Melinda Cooper

Featuring Melinda Cooper on Counterrevolution: Extravagance and Austerity in Public Finance. Balanced budget conservatism and supply side populism engineered a politics of austerity and budget deficit...

www.thedigradio.com

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Reposted by Jim Kane

Sheryl Gay Stolberg @sherylnyt.bsky.social · 3d

FULL STORY HERE: Emails began flooding CDC inboxes late Friday night announcing dozens of layoffs. HR people brought back from furlough to oversee the RIFs. Disease detectives, entire Washington office, global health, injury prevention, MMWR staff among those hit.
www.nytimes.com/2025/10/11/u...

Trump Administration Lays Off Dozens of C.D.C. Officials

www.nytimes.com

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Jim Kane @kanejim.bsky.social · 3d

The unofficial paper of DSA members on the future of DSA/socialism in the US.

Will Zohran Mamdani’s rise mark a new dawn for American socialism?

Tens of thousands of volunteers mobilised by the Democratic Socialists of America are working to elect a torchbearer for a beleaguered US left

on.ft.com

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Private Equity Stakeholder Project @pestakeholder.bsky.social · 4d

“Do we care about people, or do we care about profit?”

Students in Duluth took to the streets to protest the sale of Minnesota Power to BlackRock, demanding a future that puts people and the planet first.

Read the Duluth News Tribune coverage: www.duluthnewstribune.com/news/local/s...

Students protest Minnesota Power sale in downtown Duluth

Students from Harbor City International School gathered to protest the sale of a Duluth-based electrical company, voicing concerns about environmental and economic impacts.

www.duluthnewstribune.com

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Reposted by Jim Kane

The New York Review of Books @nybooks.com · 4d

“Venture-funded defense-tech firms like Palantir and Anduril have,” Susannah Glickman writes, “positioned themselves as the solution” to the ills of American industry “without any clear evidence that they can deliver on that promise.”

The War Over Defense Tech | Susannah Glickman

Last October, on a Martin Luther–inspired website called www.18theses.com, a software executive named Shyam Sankar published a four-thousand-word polemic

buff.ly

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Jim Kane @kanejim.bsky.social · 4d

buy up the remaining copies of Amy's book so that we'll have an extra dollar to pay off our mortgage!

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Reposted by Jim Kane

Katie Martin @katie0martin.ft.com · 5d

it's fine it's fine nothing to see here

www.ft.com/content/fa7b...

UK watchdog monitors Tricolor and First Brands collapse for private credit risks

Failures of two US companies reliant on asset-based lending prove ‘useful case studies’, FCA says

www.ft.com

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Jim Kane @kanejim.bsky.social · 5d

They sounds like Asness from AQR

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Reposted by Jim Kane

cornelban.bsky.social @cornelban.bsky.social · 8d

Friends, I have a substack with my thoughts and others on current events and megatrends from an international political economy perspective. geoeconomic.substack.com

Geoeconomic | Substack

Cornel Ban, associate prof at Copenhagen Business School and fellow at Boston University's China Initiative at the Global Development Program. Click to read Geoeconomic, a Substack publication with hu...

geoeconomic.substack.com

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