Josh Spero
@joshspero.ft.com
11K followers 890 following 3.6K posts
Wealth editor, Financial Times. I like swimming, classical music and cryptic crosswords. he/him 🏳️‍🌈 [email protected]
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Reposted by Josh Spero
yasharali.bsky.social
One of my favorite moments from Nobel Prize history:

The Nobel Committee couldn’t reach Stanford professor Paul Milgrom to let him know that he had been awarded the Nobel Prize for Economics, so his fellow winner, Robert Wilson, went over to his house in the middle of the night to wake him up!
Reposted by Josh Spero
twlldun.bsky.social
The speed and booze addicted dressed in black playing raw live shows in prisons with a voice like god almighty himself guy is “deeply uncool”? What
wsj.com
Compared to Dylan and Springsteen, country-music legend Johnny Cash can seem deeply uncool. It took time for me to appreciate his profound, plainspoken strength, writes Jon Fasman.
Essay | Can We Finally Give Johnny Cash His Due?
Compared to Dylan and Springsteen, the country-music legend can seem deeply uncool. It took time for me to appreciate his profound, plainspoken strength.
on.wsj.com
Reposted by Josh Spero
amykazmin.bsky.social
Italian opera is known for on-stage melodrama: performers belting out impassioned arias + emotionally charged plots. But Venice's prestigious La Fenice theatre is being engulfed by off-stage melodrama too, as the orchestra revolts against a new conductor close to PM Giorgia Meloni. on.ft.com/4h6BTvF
Discord at the Venice opera house
[FREE TO READ] La Fenice’s orchestra has objected loudly to the appointment of a conductor aligned with Giorgia Meloni’s party
on.ft.com
Reposted by Josh Spero
rolandmcs.bsky.social
I see Robert Jenrick is supporting Hamit Coskun who is appealing his conviction by reference to the ECHR (which Jenrick wants to withdraw from).

Who knew that the ECHR could be useful, even to the anti-ECHR Hard Right?
Reposted by Josh Spero
Reposted by Josh Spero
jsphctrl.ft.com
“Bessent told Fox News Thursday that he thinks the peso is undervalued.”

Again, even investors who are very positive on Argentina dollar bonds think it's overvalued by at least 20% and that the band is not long for this world. www.bloomberg.com/news/article...
Bessent’s Big Gamble on Argentina Has a Narrow Road to Pay Off
For Scott Bessent’s $20 billion bet on Argentina to pay off, a lot of things have to go right – things that in the past, in Argentina, have tended to go wrong.
www.bloomberg.com
Reposted by Josh Spero
guardianheather.bsky.social
If this isn’t evidence of an AI bubble I don’t know what is 🫧
financialtimes.com
Rishi Sunak’s twin appointments mean he will be advising rivals in the push for AI breakthroughs. on.ft.com/3KNw22e
Reposted by Josh Spero
jackkessler.bsky.social
My newsletter, Lines To Take, is changing.

Here’s what’s next — and why I hope you’ll join me.

✍️ www.linestotake.com/p/this-newsl...
Music was blaring, lights strobing, bodies gyrating. There was glitter everywhere. Welcome to Daybreaker, an early morning dance movement based in 33 cities around the world, where people come to “sweat, dance and connect with ourselves and each other”. It is also how I ended up in a nightclub at seven in the morning, sober and alone, approaching strangers to ask if they were having a good time.

I suppose I should consider myself lucky. My editor at the time had initially (and a little too cheerily, I felt) suggested I go walking with wolves somewhere in the Lake District. Back in 2019, Daybreaker was a noisy example of what seemed like a striking shift in our consumption habits. The so-called “experience economy” was booming then and — following the Covid-19 interruption — has come back with a vengeance

“The history of economic progress,” Joseph Pine II, who helped coin the term “experience economy” told me (and many others, I suspect, given the rhyme), “is paying a fee for what used to be free.” 

Can you see where I’m going with this?
Reposted by Josh Spero
lewisgoodall.com
I do wonder if Labour might look at the sorts of people dominating the discourse and dominating the content wars and maybe, just maybe, rethink the sorts of grey figures they routinely put up for interviews, instructed at that to be as cautious as possible. Things have changed. Their comms hasn’t.
Reposted by Josh Spero
tonytassell.bsky.social
Back in 2009, Willem Buiter wrote that gold was in a 6000-year-old bubble. SInce then it has risen from $1,100 to $4000 an ounce. But he writes here is still has no intrinsic value and should be sold by central banks. www.ft.com/content/589d...
Gold bubble should prompt central banks to sell the metal
The world is thoughtless of history when it treats bullion as desirable and a store of value
www.ft.com
Reposted by Josh Spero
luxalptraum.com
TFW you paid $1400 to see Beckett’s most famous work without knowing anything about it
One Star Review of Waiting for Godot on Broadway
I recently attended Waiting for Godot on Broadway and spent over $1,400 for two Row C seats (103 and 104). I'm a longtime admirer of Broadway productions and even hold a season pass for Shea's Performing Arts Theatre, so I came in with genuine enthusiasm and high expectations. Unfortunately, this show was unlike anything ! have ever experienced —and not in a good way.
What I encountered was not the artistry, music, or emotional storytelling I usually associate with Broadway, but instead what felt like an endless cycle of nonsensical conversation between characters who seemed trapped in their own madness. I tried-truly tried-to find meaning, symbolism, or even a thread of emotional resonance. I stayed through the first half hoping the second would offer clarity. But by intermission, it was clear: this was a waste of both time and money.
Keanu Reeves is an actor I respect greatly, but I cannot fathom why he would agree to participate in such a disjointed, inaccessible production. His talent was lost in a performance that defied reason rather than provoked insight.
To anyone considering attending: unless you are drawn to highly abstract, nearly incomprehensible theater, I strongly caution you against this show. For the average, educated, thoughtful theatergoer, it is far more frustrating than fulfilling. In my opinion, this was the single most disappointing Broadway experience I've ever had - an unfortunate waste of money and, more importantly, of time.
Reposted by Josh Spero
bradheath.bsky.social
WSJ: President Trump believed his Truth Social post demanding prosecutions of James Comey and other political foes was a private message to his attorney general, and "and was surprised to learn it was public."

www.wsj.com/politics/pol...
Reposted by Josh Spero
jasonkoebler.bsky.social
Some exciting news: 404 Media just won a grant via Muckrock to investigate book bans and educational censorship in the U.S. The plan is to file hundreds of public records requests around the country and to report on and archive all the documents for public use:

www.404media.co/help-us-inve...
Help Us Investigate Book Bans and Educational Censorship Around America
404 Media has gotten a grant to unearth public records about systematic censorship of books, schools, and libraries in the U.S.
www.404media.co
Reposted by Josh Spero
tomfreeman.bsky.social
The world's in a bad way, but now and then something goes right
Headline: "Man who appealed Pelicot rape conviction handed longer jail term"
Reposted by Josh Spero
Reposted by Josh Spero
financialtimes.com
Opinion: The real challenge is for Donald Trump to ensure the agreement moves beyond the hostage deal and leads to a more permanent settlement in Gaza, with the thornier issues still to be negotiated. on.ft.com/48nbyHr
joshspero.ft.com
Garbo talks! Tbf Garbo never shuts up
TV screen reading Breakfast talk with Josh Spero, FT wealth editor
Reposted by Josh Spero
ianbeestin.bsky.social
My school orchestra percussion section once sabotaged Songs Of Praise’s continuity by swapping clothes and instruments between takes of hymns. The teachers were quite angry when it was broadcasted but stopped short of accusing us of being part of the “leftwing cultural elite”.