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Mike Bird
Writing about markets @WSJ. Interested in markets, macro, history, UK / EZ / Japan / EM. My views, but you're welcome to them: mike.bird@wsj.com
Powell is right that people shouldn't be worrying about inflation, consumer prices are plunging when measured in GameStop shares.
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You might well say GameStop shares are at $150, I prefer to say that the dollar is at 0.00666 GME shares
Given the rather broad interpretation of critical professions, this would put me in the same priority group for vaccination as my own mum, which feels a bit ridiculous.
A Pfizer study found that mutations in the variants identified in the U.K. and South Africa had a small impact on the effectiveness of the company’s vaccine, the latest sign that Covid-19 shots will work against the strains via @WSJ
When you explain how you actuall short a stock to non-finance friends and get "but doesn't that mean you can lose a lot more money than you can make" in response
@tracyalloway It feels to me a lot like it started with the same aim as Melvin (making money!) and the rest is mostly a paint job/added bonus. Put it this way, if nobody got screwed by people doing this... I think they'd still do it, right?
On Jack Ma: For Beijing, letting entrepreneurs run rampant and subsequently clipping their wings whenever convenient sounds like a great deal. For founders and investors, it isn’t, and it might have a longer-running impact on innovation and growth.
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Police officer had his baton taken from him and was attacked with it. Drew his pistol and aimed at protesters. Astonished nobody killed here tonight.
Shinzo Abe has installed the beaver door-knocker he brought back from Canada
This is so cool. The UK's current heatwave is exposing the outline of ancient hill forts and settlements. Soil quality today is still affected by iron age construction, so the grass on top changes colour at a different pace in the sun. HT
I started off fairly sceptical in HK's social distancing. I wore masks, worked from home but wasn't sure how well it worked. It looks like I was wrong. More than half of HK's 109 reported coronavirus cases discharged and the regular flu season flattened
Probably the most depressing symbol yet. Hong Kong refuses permission for the June 4 Tiananmen Square Massacre vigil for the first time in 30 years. The new national security law introduced for HK by Beijing means it will likely never happen again.
These videos are bonkers. Regardless of what you think of the protests or their political expediency, you get a handful of videos every week that suggest officers out there are just not up to the job they're faced with (Source: )
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