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James Mackintosh

@jmackin2.bsky.social

Writer of Streetwise column in the Wall Street Journal www.wsj.com/streetwise Here for FinTwit c. 2012. Ex FT

created September 14, 2023

2,346 followers 206 following 1,196 posts

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Profile picture Michael H Whitworth (@profmhwhitworth.bsky.social) reposted

On the subject of Melvyn Bragg, I think of this Private Eye cartoon more frequently than I care to admit, when I’m struggling to raise the energy for a lecture or graduate supervision

3/9/2025, 8:18:50 PM | 459 131 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Lovely chart - where are the data from?

2/9/2025, 5:21:54 PM | 0 0 | View on Bluesky | view

Profile picture Sunder Katwala (sundersays) (@sundersays.bsky.social) reposted

Reform will have to reselect in Croydon, as their initial candidate for Mayor had been dead for 6 months when they selected her, Inside Croydon report Being dead is one way to pass the social media vetting but was likely to get noticed eventually insidecroydon.com/2025/08/27/f...

28/8/2025, 5:57:10 PM | 886 367 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

"When I use a word," Humpty Dumpty said in rather a scornful tone, "it means just what I choose it to mean — neither more nor less."

28/8/2025, 6:05:21 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

Want to be a founder? No need to actually set up a company any more. The Trumps are following Elon Musk's example, and being appointed as co-founders - with the president seeming to jump straight to co-founder emeritus. www.wsj.com/livecoverage...

28/8/2025, 6:04:14 PM | 4 1 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

*Never* march on Moscow

28/8/2025, 8:31:45 AM | 2 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Yes! But also stories about "price goes up"

27/8/2025, 1:03:33 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Rising productivity of land vs rising demand for country homes is the core tension of The Archers

27/8/2025, 10:11:05 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

It isn't the whole definition - a remortgage doesn't, for example, deliver profit to the one cashing out. If the only way to pay the interest on the mortgage was with ever bigger remortgages, that would look like a ponzi

27/8/2025, 10:01:07 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Sure. But that means not a Ponzi, use a different word.

26/8/2025, 9:44:03 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Same with, eg, Reits

26/8/2025, 8:46:31 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

They say they have plans for the token, like everyone else. If they work out, it could rise in value. Or if other people want the token, it could in theory one day be sold to them (tho good luck with what happens to the price if they sell)

26/8/2025, 8:33:15 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

No: Ponzi's scheme involves paying one round of people using money raised from the next round. Crypto Treasury companies just hope to raise ever more money, and don't pay out money to anyone (except the founders/operators)

26/8/2025, 8:08:51 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

I haven't grown pecan - wrong climate - so haven't tried it

25/8/2025, 6:43:43 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

I prefer BBQ with oak but honestly I've tried lots of wood (not charcoal) and the only one I noticed a different taste was eucalyptus. Don't use it, it's horrid.

25/8/2025, 6:28:46 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

So weird that all major news outlets now call political lobbying "advocacy"

24/8/2025, 10:22:39 AM | 1 1 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Pet Detective 2 would like a word

22/8/2025, 5:14:23 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Your neck won't thank you

22/8/2025, 11:37:48 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

If you like this mad project, look at the hollow mountain to keep yacht visitors cool

22/8/2025, 11:35:40 AM | 2 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Alt-tab fixes this

22/8/2025, 11:34:49 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

"Pop Idol winner Will Young and runner up Gareth Gates both had four top tens in 2002." Also S Club Juniors had 4

22/8/2025, 8:06:52 AM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Is it a chart of the inverse of being good music?

22/8/2025, 7:48:25 AM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Nah, Stroud is a weird mix of active worshipping pagans, crystal healing, the Greens, Just Stop Oil and anti-vaxxers, surrounded by Cotswold villages full of Range Rovers and green-wellied trust fundies who only go into town for the farmers market

19/8/2025, 1:34:07 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Stroud rofl

19/8/2025, 1:23:35 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Good

18/8/2025, 12:46:32 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Im surprised Experian eg would do a yes/no - is that for id check, rather than credit?

18/8/2025, 12:11:31 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Presumably a perfect record of rent payment will become an immediate new landlord requirement for renting a flat

18/8/2025, 8:43:46 AM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

First few pages had me giggling

17/8/2025, 2:22:01 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

I cant believe no one told me there was a sixth HHGTTG by Eoin Colfer. Finally Amazon gets round to alerting me, 15 years late

17/8/2025, 1:48:55 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

So can a US lawyer explain why someone claiming to make an arrest but refusing to show ID or even identify their agency would be protected against a passer by making a citizen's arrest for false imprisonment?

17/8/2025, 1:46:18 PM | 1 1 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

No. He contrasted two groups of first-generation Pakistani immigrants. It was crude and doesn't fit the facts, but was about dividing a group - which could be done with any nationality (or ethnic group), since they all have paedophiles and all have entrepreneurs.

16/8/2025, 2:02:20 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

No you couldn't. That is about skin colour

16/8/2025, 1:53:16 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

I carry no torch for Noah Smith. Just sae that tweet (in isolation) as his argument for selective immigration (based on his ignorance AFAICT), not as the transparent racism it was being portrayed as. Anyway, I've spent enough time on this and don't care enough.

16/8/2025, 1:52:39 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

I didn't see that

16/8/2025, 1:50:15 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Definitely ignorant

16/8/2025, 1:33:07 PM | 0 0 | View on Bluesky | view

Profile picture Judi (@judi.graysky.social) reposted reply parent

When we first moved out of London to Suffolk, I stopped at a home-painted sign RABBITS FOR SALE, saying to the kids, “Oooh maybe we should have our first pet!”. Readers, I missed the small print: “fresh or frozen”.

16/8/2025, 11:26:35 AM | 147 22 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

I realize positive also racist - but note he doesn't do this. He says good and bad in every country, which I agree with - and is the opposite of racist claims of uniformity. He also makes the dumb claim that the US managed to pick the good, and UK ended up with the bad, echoing UK racists

16/8/2025, 12:57:09 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Sad fact is every country does. In this tweet at least he doesn't claim this is a Pakistan thing, tho obvs he's influenced to say anything here by UK right wing's false claims that it is

16/8/2025, 12:53:25 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

He explicitly in that very tweet made it about countries, not skin colour. He's wrong, for me this tweet is evidence of ignorance. No time to engage any more now

16/8/2025, 12:27:09 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

No, he said every country has good and bad, and claimed (wrongly I'm sure) that the US got the good and the UK the bad. Ignorance, not anti-Pakistani sentiment

16/8/2025, 11:56:00 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

While accusing American Pakistanis of being entrepreneurs

16/8/2025, 11:52:11 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

I didn't say it was better. I said it wasn't "racism", at least as usually understood

16/8/2025, 11:48:26 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

With the focus on the British, since he isn't stereotyping Pakistanis that way

16/8/2025, 11:46:25 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

No he hasn't. He made TWO crude (and wrong) directly conflicting stereotypes, both of the same national origin.

16/8/2025, 11:45:19 AM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

My point: they are two opposite and conflicting crude ethnic stereotypes, so at worst it is UK vs US stereotyping

16/8/2025, 11:43:31 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Anyone have data on ethnicity at UK postgrad level? (Harder as need for only UK-origin students, not those who come just to study for the degree)

16/8/2025, 10:45:20 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Surely they get pelted with the fruit they nicked?

16/8/2025, 10:42:17 AM | 3 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Would need an expert but Pew suggests Pakistani Americans outperform in education both at first and second generation (www.pewresearch.org/chart/educat...). In UK do worse at primary but ~caught up with non-disadvantaged white British by sixth form.

16/8/2025, 10:38:13 AM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Need to distinguish ignorance from racism - are you suggesting US vs UK "racism"? (I'd call that nationalism, but hey.) His point (not agreeing btw, I have no evidence) seems to be not racist (ie anti-Pakistani) but classist or education-linked.

16/8/2025, 10:29:50 AM | 3 0 | View on Bluesky | view

Profile picture Simon Johnson🇺🇦 (@simonrjohnson.bsky.social) reposted reply parent

It's an irregular verb I am a founder You are a podcaster He is unemployed

16/8/2025, 9:48:35 AM | 6 2 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

The Martians presumably are demanding it be returned? BBC News - Martian meteorite: Niger's anger that a piece of Mars ended up for auction - BBC News www.bbc.co.uk/news/article...

10/8/2025, 10:27:08 AM | 2 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Also they were all mushroom risotto

9/8/2025, 8:19:29 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

They all are! Have you climbed on Creag Dhubh? That's the one the race is up

9/8/2025, 12:39:55 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Son did the hill race at local Highland games. Starts by jumping barbed wire fence covered in sa ks, then through a river before going straight up nearest big hill

9/8/2025, 12:19:51 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

A priori I'd expect immigration crackdown to boost low income wage relatively, but probably not by much

4/8/2025, 6:48:35 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Happy with any semantics, just talking about ability to trade with each other rather than via bank - eg UK 19th C bills of credit, even notes of hand

4/8/2025, 6:25:41 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Sure - but they don't issue notes any more. UK country banks an alternative, or perhaps you'll accept "shinplasters era" (great reading list btw)

4/8/2025, 3:50:17 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

There's an important difference: deposits are transferable only with permission/help of the bank. Stablecoins more like a banknote, tho do have pseudonymous id. Electronic wildcat-era banknotes is not a bad parallel+elements of MMF+ elements of banking. Dumb to bring into mainstream tho

4/8/2025, 3:34:01 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

There's Noggin the Nog

3/8/2025, 8:59:11 AM | 3 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

I went with super double glazing old Victorian windows and slashed heating cost (and noise), but still on gas

3/8/2025, 8:14:48 AM | 2 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Sounds expensive!

3/8/2025, 8:12:03 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Did you replace rads too or kept old infrastructure? How long is payback, both with and without subsidies?

3/8/2025, 8:08:01 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Didn't several people go to prison for tweeting exactly that last year? Musk was furious

2/8/2025, 8:44:38 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Isn't that already illegal?

2/8/2025, 8:40:45 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

www.wsj.com/finance/stoc...

1/8/2025, 10:15:29 AM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

True Left, People's Left and the People's Front of the Left obviously splinter groups

30/7/2025, 8:15:51 AM | 2 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Niwaki knife is brilliant for gardening and also incredibly dangerous (to me when using it)

28/7/2025, 7:15:06 PM | 0 0 | View on Bluesky | view

Profile picture Carl Quintanilla (@carlquintanilla.bsky.social) reposted

image
27/7/2025, 7:10:05 PM | 4710 1201 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Apologies, I interpreted you differently

27/7/2025, 1:10:59 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

That isn't what you said before. Also the populist right are anti free trade

27/7/2025, 12:53:05 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Austerity is not the same as "neoliberalism". Also irrelevant to your argument, which to remind you was that the left were the losers from "neoliberalism". Note in the US one common claim is that Trump voters are the losers from free trade.

27/7/2025, 12:51:28 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Many on the left are professionals, just as many on the right are professionals. Starmer is a lawyer for example. Corbyn went to private school and grew up in a manor house. To classify them as losers from freer markets (what I assume you mean by "neoliberalism" is odd.

27/7/2025, 12:40:58 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

What evidence do you have for that?

27/7/2025, 12:30:28 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

The April 1 moment - and lack of understanding/explanation for why it happened - is a good reason not to hope for much from agentic AI for a good while yet

27/7/2025, 9:52:42 AM | 2 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Agree - but the declinism/doomerism is as much from the left as the far right, albeit with the extreme directing their violence against property, not people

27/7/2025, 9:23:10 AM | 3 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Surely 1963? Will also accept 1964 (The Who formed)

26/7/2025, 10:34:04 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

I always want to understand!

25/7/2025, 2:23:53 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

*couple, not title. So yes, I underestimated, but not by much!

25/7/2025, 1:50:39 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

BTW that was the doc I got the title of dozen from. Since 2008, average of 56-75 a year, using their figures (160 groups of 6-8 each). Interesting, but I wouldn't regard it as reliable or representative.

25/7/2025, 1:49:58 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Asking people what they need has an issue of course - there is stuff one only gives up when forced. It is all subjective by definition

25/7/2025, 1:46:25 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

But even if they did a perfect job, there simply isn't a single figure that applies nationally, comparing cost of living in central London, Blackpool and the Highlands

25/7/2025, 12:35:00 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

I understood it was a couple of dozen in each update

25/7/2025, 12:33:21 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

The MIS seems a v odd basis for anything. "What a couple of dozen people agree in a focus group is needed" would be a better description

25/7/2025, 8:30:57 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Just opened Google Drive and instead of my files I get top third or so of the screen, plus an unwanted sidebar, full of Gemini and how it can "help" me

24/7/2025, 11:28:58 AM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

www.wsj.com/politics/jus...

23/7/2025, 8:32:41 PM | 2 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Who is my civil society representative? Feels quite random to lump together self-interested groups (unions), religion, and charities with numerous different aims

17/7/2025, 8:59:01 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

But ultimately if someone outside the US wants to hedge dollars, chances are someone else outside the US will end up with USTs, however long the chain of transactions?

17/7/2025, 8:53:45 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

If a European fund asks a European bank to hedge its dollar exposure, doesn't this lead the bank to in turn hedge by buying USTs (chain can be more complex ofc)?

17/7/2025, 8:46:10 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Also the UK doesn't have conscription, or a conscription age

17/7/2025, 2:16:02 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

In the interview she said: “I just think that it’s silly to try and claim that racism which is about skin colour is the same as other types of racism. I don’t know why people would say that.”

17/7/2025, 1:59:52 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Yes. Voting is about a lot more than eligibility for conscription. This is obvious.

17/7/2025, 1:56:14 PM | 2 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Still weird. We graduate the shift from childhood to adulthood, but 16 and 17 havr v little responsibility: have to be in education or training (contra Raynor, if they join the army they have to be in army college), and can't do lots of things without parental pemission. Power without responsibility

17/7/2025, 1:44:49 PM | 1 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

Could reintroduce the 10p rate and stop taking so many people out of tax altogether to spread idea of spending being funded by our tax, rather than by taxing only other people

15/7/2025, 8:16:02 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

I love the idea they could write into law the badly-written exec order against CBDCs, which appears to also ban Fed reserves

15/7/2025, 7:43:20 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

They are wrong though! Can't read their own law, which gives power to seek "possession" not repossession: see s87 (1) of the 1925 act: www.legislation.gov.uk/ukpga/Geo5/1...

15/7/2025, 7:15:19 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

No, a possession order, at least in the legal remedies

15/7/2025, 6:57:32 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

As an aside in the legislation it is called possession, not repossession, presumably since the old approach you are describing was ditched (1925 Act?)

15/7/2025, 6:54:18 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social) reply parent

It is not like repo at all. The bank has to go through a long process in court governed by v detailed law during which the judge will do everything they can to help the homeowner stay in the house (if they are nice to the judge)

15/7/2025, 6:49:42 PM | 0 0 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

Small prize for Bank of America strategists today: "Global Fund Manager Survey: Sticky Toppy Pudding"

15/7/2025, 6:20:24 PM | 1 1 | View on Bluesky | view

Profile picture James Mackintosh (@jmackin2.bsky.social)

www.wsj.com/finance/bank...

14/7/2025, 1:10:01 PM | 2 0 | View on Bluesky | view