From Financial Times
There are only two asset classes: ownership and debt
Non-investment grade public and private debt now offer prospective returns that are competitive with equities
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IMF warns of ‘round-tripping’ fears
Technique to shift risk to investors may have ‘system-wide’ impact, fund warns
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Early slide puts S&P 500 on course for first back-to-back drop in 6 weeks
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The widow-maker ETF
People just can’t stop themselves buying TLT
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Liz Truss’s mini-Budget: lessons from a moronic episode
Central banks should not deny they will act in a crisis and Labour’s Budget is not another Truss moment
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US-led Minerals Security Partnership backs new rare earths project in Brazil
The coalition is the west’s answer to China’s control of minerals that are critical to the energy transition
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US rolls out ‘open banking’ rules to make sharing financial data easier
Agency finalises regulations aimed at increasing competition and helping consumers link bank accounts to apps
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The long end keeps on rising
And emerging markets in a no-landing scenario
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Tokyo Metro gets retail investors on board Japan’s biggest IPO since 2018
Capital’s underground railway network has raised $2.3bn in heavily oversubscribed listing
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Australian ETF assets soar by 50% in a year
Total rose from A$152bn at the end of September 2023 to A$227bn at the same point this year
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UK will provide $3bn towards G7 loan for Ukraine
US and Japan only member nations still to clarify their contributions to $50bn package
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US oil industry wins reprieve to avert Gulf of Mexico shutdown
Court delays introduction of new protections for endangered species as activists bemoan ‘fear-mongering’
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