Toby Nangle
@tobyn.bsky.social
FT Alphaville reporter. Ex-“veteran” fund manager. Resolution Foundation Assoc. Baring Foundation Trustee.
A must read post
November 12, 2025 at 6:29 PM
A must read post
Reposted by Toby Nangle
FT Editorial on the BBC - The broadcaster has made errors, but its board has failed to defend it www.ft.com/content/406e...
November 11, 2025 at 7:46 AM
FT Editorial on the BBC - The broadcaster has made errors, but its board has failed to defend it www.ft.com/content/406e...
🚨 How good are rating agency ratings at predicting defaults? And are some agencies' ratings 'easier' than others?
Here are all the charts.
on.ft.com/47wneH4
Here are all the charts.
on.ft.com/47wneH4
Rating the rating data of credit raters
Deep-diving into Form NRSRO Exhibit 1 filings
on.ft.com
November 10, 2025 at 10:23 AM
🚨 How good are rating agency ratings at predicting defaults? And are some agencies' ratings 'easier' than others?
Here are all the charts.
on.ft.com/47wneH4
Here are all the charts.
on.ft.com/47wneH4
🚨Why are people being mean about Egan-Jones?
on.ft.com/47shez1
on.ft.com/47shez1
Why are people being mean about Egan-Jones?
Private credit ratings under scrutiny
on.ft.com
November 6, 2025 at 6:16 PM
🚨Why are people being mean about Egan-Jones?
on.ft.com/47shez1
on.ft.com/47shez1
Kind of wild how far 1yr ahead expectations of US inflation are from historic inflation www.bostonfed.org/publications...
November 6, 2025 at 3:20 PM
Kind of wild how far 1yr ahead expectations of US inflation are from historic inflation www.bostonfed.org/publications...
Despite the slowdown in European PE deals, a lot more going in the pipe than coming out the other side 74n5c4m7.r.eu-west-1.awstrack.me/L0/https:%2F...
November 6, 2025 at 11:10 AM
Despite the slowdown in European PE deals, a lot more going in the pipe than coming out the other side 74n5c4m7.r.eu-west-1.awstrack.me/L0/https:%2F...
Reposted by Toby Nangle
Take a look at this extraordinary story by the @financialtimes.com investigations star Alison Killing:
End of The Line: how Saudi Arabia’s Neom dream unravelled
Mohammed bin Salman’s utopian city was undone by the laws of physics and finance ig.ft.com/saudi-neom-l...
End of The Line: how Saudi Arabia’s Neom dream unravelled
Mohammed bin Salman’s utopian city was undone by the laws of physics and finance ig.ft.com/saudi-neom-l...
November 6, 2025 at 9:50 AM
Take a look at this extraordinary story by the @financialtimes.com investigations star Alison Killing:
End of The Line: how Saudi Arabia’s Neom dream unravelled
Mohammed bin Salman’s utopian city was undone by the laws of physics and finance ig.ft.com/saudi-neom-l...
End of The Line: how Saudi Arabia’s Neom dream unravelled
Mohammed bin Salman’s utopian city was undone by the laws of physics and finance ig.ft.com/saudi-neom-l...
Govt bends to gilt market's will ... so ... giLt mArKeT sAyS dEpOrT iMmIgRaNtS according to new Reform UK affiliated think tank.
Can't think that everyone at BlueBay will be thrilled to find their leader's name attached to it. www.ft.com/content/db1e...
Can't think that everyone at BlueBay will be thrilled to find their leader's name attached to it. www.ft.com/content/db1e...
November 6, 2025 at 8:36 AM
Govt bends to gilt market's will ... so ... giLt mArKeT sAyS dEpOrT iMmIgRaNtS according to new Reform UK affiliated think tank.
Can't think that everyone at BlueBay will be thrilled to find their leader's name attached to it. www.ft.com/content/db1e...
Can't think that everyone at BlueBay will be thrilled to find their leader's name attached to it. www.ft.com/content/db1e...
Can’t believe MainFT beat @theonion.com to this scoop www.ft.com/content/b7f6...
Fifa to award new ‘peace prize’ in Washington next month
Head of football governing body is close ally of Donald Trump, fuelling speculation that US president may be first recipient
www.ft.com
November 5, 2025 at 8:23 PM
Can’t believe MainFT beat @theonion.com to this scoop www.ft.com/content/b7f6...
If an ex-chancellor pumps crypto and no one notices, does it make a noise?
on.ft.com/43SCETD
on.ft.com/43SCETD
If an ex-chancellor pumps crypto and no one notices, does it make a noise?
Kwasi be stacking, no one be caring
on.ft.com
November 4, 2025 at 6:03 PM
If an ex-chancellor pumps crypto and no one notices, does it make a noise?
on.ft.com/43SCETD
on.ft.com/43SCETD
Reposted by Toby Nangle
Is the difficulty of Alphaville's chart quiz really as volatile as a shitcoin? @tobyn.bsky.social set out to find out, and naturally produced some beautiful dataviz in the process. www.ft.com/content/3998...
And the FTAV chart quiz winner is . . .
Getting shirty
www.ft.com
November 3, 2025 at 12:43 PM
Is the difficulty of Alphaville's chart quiz really as volatile as a shitcoin? @tobyn.bsky.social set out to find out, and naturally produced some beautiful dataviz in the process. www.ft.com/content/3998...
Re-listened to this top @planetmoney.bsky.social pod on Hong Kong & Jimmy Lai, the British pro-democracy billionaire who has spent 5ys so far in prison. www.npr.org/2019/07/19/7...
Hong Kong : Planet Money
In 1960, a 12-year-old boy left mainland China, hidden in the bottom of a fishing boat. He later became one of Hong Kong's richest people. His story is the story of Hong Kong.
www.npr.org
November 1, 2025 at 5:22 PM
Re-listened to this top @planetmoney.bsky.social pod on Hong Kong & Jimmy Lai, the British pro-democracy billionaire who has spent 5ys so far in prison. www.npr.org/2019/07/19/7...
Parsing the underlying meaning of Onset Finl's viral rap.
This is @alphaville.ft.com at its best.
www.ft.com/content/ff7e...
This is @alphaville.ft.com at its best.
www.ft.com/content/ff7e...
Onset Financial: the rap sheet
Sound of da pro lease
www.ft.com
October 31, 2025 at 4:45 PM
Parsing the underlying meaning of Onset Finl's viral rap.
This is @alphaville.ft.com at its best.
www.ft.com/content/ff7e...
This is @alphaville.ft.com at its best.
www.ft.com/content/ff7e...
Reposted by Toby Nangle
Scoop with @joemillerjr.ft.com —> US philanthropists move hundreds of millions to UK to avoid Trump threats as.ft.com/r/20f07ded-3...
US philanthropists move hundreds of millions to UK to avoid Trump threats
[FREE TO READ] American donors take precautionary action after president vows to pursue those supporting liberal causes
as.ft.com
October 31, 2025 at 7:06 AM
Scoop with @joemillerjr.ft.com —> US philanthropists move hundreds of millions to UK to avoid Trump threats as.ft.com/r/20f07ded-3...
Reposted by Toby Nangle
Reposted by Toby Nangle
this nerdy stuff is so Toby's jam, and in fairness, it's a fun little shitshow
The US govt shutdown has completely borked short term break-even inflation rates www.ft.com/content/560e...
What’s the market pricing for US inflation?
Don’t ask a bond trader
www.ft.com
October 30, 2025 at 9:47 AM
this nerdy stuff is so Toby's jam, and in fairness, it's a fun little shitshow
The US govt shutdown has completely borked short term break-even inflation rates www.ft.com/content/560e...
What’s the market pricing for US inflation?
Don’t ask a bond trader
www.ft.com
October 30, 2025 at 9:14 AM
The US govt shutdown has completely borked short term break-even inflation rates www.ft.com/content/560e...
Quick post with a cool chart. Free to read. on.ft.com/47svt5F
Is it really a bubble?
We’ll probably know in five years’ time
on.ft.com
October 29, 2025 at 9:44 AM
Quick post with a cool chart. Free to read. on.ft.com/47svt5F
🚨 Monster new BIS report out on the systemic risks and policy challenges in the life insurance industry. Really worth a read. Here's the @alphaville.ft.com checklist on.ft.com/47Jc8hR
October 27, 2025 at 2:10 PM
🚨 Monster new BIS report out on the systemic risks and policy challenges in the life insurance industry. Really worth a read. Here's the @alphaville.ft.com checklist on.ft.com/47Jc8hR
Very effective use of short-form video to tell a front page story. www.nytimes.com/video/us/pol... www.nytimes.com/video/us/pol...
Video: Trump Ends Trade Talks with Canada After Anti-Tariff TV Ad Airs
An ad, bought by the province of Ontario, sent an anti-tariff message using sound bites from an address President Ronald Reagan made decades ago. President Trump claimed the ad was “fraud” and termina...
www.nytimes.com
October 26, 2025 at 7:35 AM
Very effective use of short-form video to tell a front page story. www.nytimes.com/video/us/pol... www.nytimes.com/video/us/pol...
Reposted by Toby Nangle
'Should they move left blah blah, no they need to worry about Reform blah blah' - this stuff is babytalk, they are the government, they need to worry about persistent inflation, poor public services and our exposed public finances:
Starmer needs to get serious about governing — and quick
The prime minister has to change or his party will seek a change of its own
www.ft.com
October 25, 2025 at 11:32 AM
'Should they move left blah blah, no they need to worry about Reform blah blah' - this stuff is babytalk, they are the government, they need to worry about persistent inflation, poor public services and our exposed public finances:
"The Conservatives propose to deport about 5 per cent of the UK’s legal population"
"the Conservative party increasingly holds positions that are further from mainstream British public opinion than Reform"
"the Conservative party increasingly holds positions that are further from mainstream British public opinion than Reform"
Hadn’t, in truth, really absorbed the scale of what the Conservatives are proposing on ILR and immigration more broadly until this week’s Sunday Times interviews. Some thoughts on that in today’s note:
Tory deportation plan would upend Britain
Proposing such a radical bill with little public support is a gift to Nigel Farage
www.ft.com
October 24, 2025 at 9:07 AM
"The Conservatives propose to deport about 5 per cent of the UK’s legal population"
"the Conservative party increasingly holds positions that are further from mainstream British public opinion than Reform"
"the Conservative party increasingly holds positions that are further from mainstream British public opinion than Reform"
🚨What’s up with private credit ratings? on.ft.com/47sTNV9
What’s up with private credit ratings?
Could this be a film we’ve seen before?
on.ft.com
October 24, 2025 at 6:29 AM
🚨What’s up with private credit ratings? on.ft.com/47sTNV9
Bracing convo on what the UK cld do to boost economic growth w/ @timleunig.bsky.social podcasts.apple.com/gb/podcast/t...
How to kickstart the UK economy. With Tim Leunig
Podcast Episode · The Economics Show · 23/10/2025 · 32m
podcasts.apple.com
October 23, 2025 at 7:25 AM
Bracing convo on what the UK cld do to boost economic growth w/ @timleunig.bsky.social podcasts.apple.com/gb/podcast/t...