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@chellebe @sissenberg @redsteeze @nytimes @NATO Twat

@sissenberg @redsteeze @nytimes As a Canadian, I'll assert that @NATO no longer serves its intended purpose, and must be dismembered! Ukraine has never been our ally, and Turkey is not near the North Atlantic. In the world wars we defended our king 🇬🇧 from Nazis. Now Europe 🇪🇺 is being conquered by Islam.

Does the @nytimes know what NATO stands for?

@Djkeene1 @sissenberg @Babygravy9 @nytimes What a dickhead

@sissenberg @Babygravy9 @nytimes The Atlantic is American. It makes sense to me. Seriously though, Trump should rename the Atlantic, the American Ocean. We won’t even have to change the acronyms.

@NYTimesPR @sissenberg @nytimes Muppets

@sissenberg @nytimes A correction will appear in tomorrow's print edition: "A headline with an article on Friday about President Trump’s threats to leave NATO misstated the full name of the body. It is the North Atlantic Treaty Organization, not the North American Treaty Organization."

@BBCNews most of us really don't care about yoir fired presenter. We care about Ukraine, Middle East Crisis, fuel, and pretty much anything else. Spare us your internal drama

@AtlasPulse It's a shit show

Thanks goodness for that. I’d hate to think there was a competent general in charge of military strategy, while the president remained tight lipped and supportive, quietly in the background.

It is very strange that 500,000 people can take part in an anti-racist march, the biggest in British history, and yet the BBC does not report it. theguardian.com/uk-news/live/2…

@williamnhutton Either you haven't done the maths or you are purposefully pushing this agenda despite knowing it is destroying our economy due to crazy costs of this subsidised energy. Green energy is the goal of course, but not by just outsourcing the pollution overseas.

Ed Miliband gets relentless bile from the right for his ‘ideological’ commitment to clean, cheap renewable energy - just as Nye Bevan once did for creating the NHS. Yet on March 25 97.7 % of our electricity was from renewables. A revolution is unfolding. observer.co.uk/news/columnist…

We heard this post made Donald Trump VERY angry! OOPS!

Just saw this and was about to post something amusingly ironic along the lines of : I'm sure Trump will be magnanimous in his response to a former foe. Then I saw his response and even my jaw hit the floor. Bush: "He helped prevent another terrorist attack on US soil." Obama: "One of the finest directors in the history of the FBI" Trump: "I'm glad he's dead." The current President of The United States is not a normal human being. He's a vicious, crude, unhinged cunt of a man.

Trump is utterly disgusting. Surely we cannot be far from the time when King Charles refuses to be involved in Trump’s attempts to use a significant 🇺🇸 anniversary for his own ends. Just take today - for a US President to say “I’m glad he’s dead” of a man who has devoted his life to public service is beyond vile. And his endorsement of Orban (farewell any notion of not interfering in other countries’ politics) puts him in the Putin camp once more, furthering the risk to Ukraine. Add in the endless insults of @Keir_Starmer and I really think the time has come for the 👑 to follow the Pope in being otherwise engaged .

Important article thenewworld.co.uk/alan-rusbridge…

Watch this before forming any hard opinions on north sea oil and gas

“This is our artisanal hand crafted GUI It was painstakingly coded character by character in between ping pong sessions by the finest codemasters in SoMa You’ll notice subtle notes of React, aged in a single-origin Node.js barrel for no fewer than six sprints. The CSS was foraged locally. We don’t use a framework here. Every div is free-range, grass-fed, and aligned by hand Small batch. 200 users. We could scale but we choose not to. Scarcity is part of the experience”

@FederalExcess @AtlasPulse @ajbell I 2nd that @ajbell ... pls sort it out

@AtlasPulse Please hurry up and list BOLD, @ajbell. Four years is a long time in gold - an eternity in bitcoin.

BOLD ETF, Bitcoin and Gold risk-weighted, is approaching 4 years. Since launch in April 2022, the price of gold has surged. Bitcoin was doing well until last October, before a major correction. While BOLD is flat over six months, it has kept up with the best of both since launch. And with 46% in bitcoin, the highest weight ever, is well positioned should the asset returns reverse. 👇

If the US is asking European and Asian allies to send their navies to the Strait of Hormuz, they should consider demanding an immediate cessation of all US tariffs on them in return. I don't think Trump would hesitate to make that demand, if the situations were reversed.

@AtlasPulse @MerrynSW @John_Stepek At his scale surely it would makr more sense to just have a junior do a DIY BOLD and save on the mgmt fees?

Please ask Sebastian when he is adding BOLD to his portfolios. Adding bitcoin is a great hedge for gold, with the similar long-term objectives. Bar oil, bitcoin is the best major asset since the war in Iran began. Sooner or later, it will be taken much more seriously by mainstream investors.

Next week. Tuesday. Live pod recording. With Sebastian Lyon. Plus other guests. Q&A. Ask whatever you like (within reason). Then join us for a drink. I love these events. Stage + good guests + clever audience. Perfect. Sign up here. bloombergevents.com/event/Merryn_T…

Must read - this is free and not me. @georgenoble/note/c-226667679?r=4repfn&utm_medium=ios&utm_source=notes-share-action" target="_blank" rel="nofollow noopener">substack.com/@georgenoble/n… This is the most SHAMELESS structural manipulation of a major index I've ever seen. SpaceX is preparing what could be the largest IPO in history. Target valuation: $1.75 trillion. That would make it the sixth-largest company in America on day one. And Nasdaq wants the listing so badly they're literally CHANGING how the Nasdaq-100 works. In February, Nasdaq published a "consultation" proposing sweeping changes to how companies enter the index. The timing is pure coincidence, of course. Just like it's pure coincidence that SpaceX has reportedly made fast index inclusion a CONDITION of listing on Nasdaq. Here's what they're proposing: A new "Fast Entry" rule would let any newly listed company whose market cap ranks in the top 40 of current Nasdaq-100 members get added to the index after just 15 trading days. No seasoning period. No liquidity requirements. Completely exempt from the standards every other company had to meet. Currently, new public companies typically wait up to a year before they're eligible for major index inclusion. That waiting period exists for a reason. It lets the market establish real price discovery. It protects passive investors from being forced into untested, illiquid stocks. And Nasdaq wants to throw all of that out. For ONE listing. But the Fast Entry rule isn't even the worst part... The real scandal is the 5x float multiplier. Right now, the S&P 500 uses a free-float adjusted methodology. If only 5% of a company's shares are available for public trading, the index weights you at 5% of total market cap. That's common sense. You weight a company based on what investors can actually buy. Nasdaq's current methodology already uses total market cap rather than free-float for weighting. But for very low-float stocks, they at least had a 10% minimum float threshold. Under the new proposal, that threshold DISAPPEARS entirely. Instead, any stock with less than 20% free float gets weighted at FIVE TIMES its actual float percentage, capped at 100%. Do the math on SpaceX: If SpaceX IPOs at $1.75 trillion and floats 5% of its shares, there would be roughly $87.5 billion worth of stock available for public trading. Under Nasdaq's proposed 5x multiplier, the index would weight SpaceX at 25% of its total market cap. That means passive funds would be forced to buy as if SpaceX were a $437.5 billion company. But only $87.5 billion of stock actually exists in the market. You are forcing hundreds of billions in passive buying into a $87.5 billion float. QQQ alone manages nearly $400 billion. The total Nasdaq-100 ecosystem represents over $1.4 trillion in exposure across ETFs, mutual funds, structured notes, and derivatives. Every single passive vehicle tracking this index would be REQUIRED to buy SpaceX at whatever price the market dictates. On Day 15. With zero price discovery. Zero track record as a public company. And a float so thin you could read through it. So what this actually does is it creates a structural wealth transfer mechanism. The passive bid from index funds pushes the stock price higher. That higher price benefits exactly one group of people: the insiders and early investors who own the other 95% of the shares. And when lock-up periods expire 90 to 180 days later? Those insiders sell into the artificially inflated passive bid. Your 401(k) is the exit liquidity. This is the fundamental corruption of indexing. Indexing used to be brilliant. Low cost. Efficient. You were free-riding on the price discovery done by active managers. The index reflected the market. Now the index IS the market. Trillions of dollars flow blindly into whatever the index tells them to buy. And the people who control the index methodology are changing the rules to serve the interests of a single IPO candidate. The S&P 500 requires companies to have at least…

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