Daire MacFadden
darama1.bsky.social
Daire MacFadden
@darama1.bsky.social
FT Unhedged reporter
Reposted by Daire MacFadden
The world has enough heavy news, here's some light stuff:

Scientists have confirmed the existence of a species of wild cats previously only known to locals of Bolivia. It is *smaller* than a house cat and its closest living relative diverged 1.4 million years ago. It's called a Tilcayo.
Meet the First New Cat Species Discovered in 100 Years
A small, spotted tiger cat from Bolivia may just be the beginning of a wave of new small cat species.
www.nationalgeographic.com
September 17, 2026 at 7:31 PM
Reposted by Daire MacFadden
🚨 Maybe correlation ≠ causation but we're taking the win www.ft.com/content/46e2...
Bank of England follows FTAV advice
Although maybe correlation ≠ causation
www.ft.com
September 17, 2026 at 6:04 PM
I've spent too much time on the wayback machine looking at BoE webpages from before the crisis

as.ft.com/r/db918d90-f...
The BoE’s three balance sheet problem
Issues with the Issue Department
as.ft.com
September 16, 2026 at 7:30 AM
“Maps are not innocent drawings" www.ft.com/content/8295...
Africa redraws the map
For centuries the continent has been made to seem smaller than it is. Now the UN has adopted a projection with more accurate proportions
www.ft.com
September 12, 2026 at 11:23 AM
"At the 20th anniversary of the independence of the Bank of England in 2017, I remember him being asked what he thought of it. 'It was a nice idea while it lasted,' Goodhart quipped." www.ft.com/content/6c0b...
Lessons drawn from Charles Goodhart
What we can learn from the influential economist who turns 90 next month
www.ft.com
September 10, 2026 at 12:35 PM
"who is uniquely positioned to write a forward on a US Treasury bond? None other than the Treasury itself" www.ft.com/content/55a5...
How to fix the brittleness caused by Treasury basis trades
The trade fills a void the US government has the authority, the incentive and the ability to close
www.ft.com
September 9, 2026 at 10:34 PM
Reposted by Daire MacFadden
Just pointing out to American Tradcath recent converts that we have had 8 Popes named Urban, and not one named Rural. Just saying.
September 7, 2026 at 3:21 PM
Reposted by Daire MacFadden
🚨 Could the DMO take the BoE’s long gilts off their hands? www.ft.com/content/b086...
Could the DMO take the BoE’s long gilts off their hands?
And should they?
www.ft.com
September 7, 2026 at 6:03 AM
Reposted by Daire MacFadden
I love the dedication in My Life on the Road by Gloria Steinhem
September 3, 2026 at 10:28 AM
September 3, 2026 at 8:05 AM
Reposted by Daire MacFadden
🚨It looks like Bessent’s July yentervention was only a tiny $500mn www.ft.com/content/958a...
So how big *was* Bessent’s yentervention?
Smaller than we had possibly imagined
www.ft.com
September 2, 2026 at 5:20 AM
Reposted by Daire MacFadden
Could AI replace the market economy? Really interesting thought experiment from @martinsandbu.ft.com www.ft.com/content/cd3f...
Could AI revive the socialist dream?
Artificial intelligence has the potential to both reignite and overturn the century-old debate over central economic planning
www.ft.com
August 30, 2026 at 9:01 AM
Reposted by Daire MacFadden
What's up with the economics profession? Recently I've been hearing a lot about senior profs dusting off their CVs and trying to get gigs with the AI labs, as well as more arms-length collaborations. Working with an AI lab is seen as very cool. 🧵

www.ft.com/content/8471...
https://www.ft.com/content/84718e2b-13c9-4469-a1d6-52556c7f637f?syn-25a6b1a6=1
www.ft.com
August 27, 2026 at 10:28 AM
Reposted by Daire MacFadden
randomly giving out genuine compliments is such an easy way to make the world a little nicer, i'm always surprised more people haven't figured that out and have a ton of respect for those who have
August 26, 2026 at 1:41 PM
Reposted by Daire MacFadden
The guy in this video is a master class in creeping out the creepers for the public good. study it.
some heroes wear plaid, this man is a hell of an ally, turned the perv’s approach of bothering people in public right back on him while allowing the girl to get a clean exit
August 26, 2026 at 12:34 PM
Reposted by Daire MacFadden
[Exit Queen.]
August 25, 2026 at 6:02 PM
"The UK really does have less state than it did [before austerity]" as.ft.com/r/9b5a1d08-e...
Austerity denial and the mystery of Britain’s shrunken state
There is a ready supply of explanations on offer at Westminster
as.ft.com
August 25, 2026 at 8:21 AM
"There’s not really great economic arguments for reducing the size of the balance sheet" www.ft.com/content/17a2...
FTAV Q&A: Darrell Duffie
The money market savant on what the Fed should do about its balance sheet
www.ft.com
August 21, 2026 at 8:25 PM
Reposted by Daire MacFadden
I've had my heart broken before but I'll read any story about new euro tunnel rail companies and destinations www.theguardian.com/business/202...
Virgin Trains gets go ahead to run services to Europe in new blow to Eurostar monopoly
Operator wins track access approval for up to 20 daily return trains through tunnel to Paris, Brussels and Amsterdam in 2030
www.theguardian.com
August 17, 2026 at 11:34 AM
Reposted by Daire MacFadden
Hedge funds now own 8.5% of the entire Treasury market — more than China, Japan and Saudi Arabia combined.

This is dangerous, given how systemically important the US government bond market is. www.ft.com/content/e3cd...
The Treasury market’s toxic codependency
The US government bond market has become a hedge fund playground
www.ft.com
August 14, 2026 at 9:33 AM
Reposted by Daire MacFadden
currency intervention in a nutshell
August 10, 2026 at 1:38 PM
Reposted by Daire MacFadden
Turned out, I had a lot to say
August 7, 2026 at 12:14 PM