Edward Evans
@evans_edward
Executive editor at Bloomberg News Opinions my own. Tweets aren't endorsements.
The fiction departments of publishing houses are run by people who shudder at the thought of “big business” just as big businesses are run by people who regard novels as effete nonsense. bloomberg.com/opinion/articl…
Some charts that are emblematic of the head-spinning nature of 2025: Investors just recorded the biggest 3-month rise in risk appetite on record, according to Bank of America's July fund manager survey (1/3)
Jonny Reynolds says a wealth tax is daft and unserious Calls it populism and says it’s frustrating to see Labour colleagues call for it Dose of reality for the party from the business secretary Via @Joe_Mayes >>> bloomberg.com/news/articles/…
One billionaire has waged a five-year campaign to force Credit Suisse and later UBS to examine the mishandling of Holocaust victims’ money — and that quest is nearing completion bloomberg.com/news/features/…
More on the private equity industry's struggles: bloomberg.com/news/articles/…
Joseph Stalin's cult of personality was dismantled by Soviet leaders in the 1960s — but thanks to Putin, his reputation is undergoing a dramatic revision bloomberg.com/news/articles/…
Top executives at least three of Russia's systematically important banks have privately discussed seeking a state bailout within the next year if the level of bad loans continues to worsen. bloomberg.com/news/articles/…
🚨🚨🚨Top executives at some of Russia’s biggest banks have privately discussed seeking a state-funded bailout if the level of bad loans on their books continues to worsen over the next year bloomberg.com/news/articles/…
Your steak costs 20% more today than it did a year ago:
Yes, those British beef steaks are rather expensive. So are the burgers. UK beef and veal inflation at >20% annual rate Less supply + healthy demand = much higher prices #CPI #inflation Link in reply.
The French government wants to abolish two public holidays to plug the hole in its budget. What could possibly go wrong?
Nvidia's market capitalization exceeds Germany's by nearly $1 trillion. The size and success of this giant, and the other US tech behemoths, underscores how much the AI trade can overwhelm the market's response to week-to-week fluctuations in economic data and policy headlines.
Thailand is known for its scenic beaches, Buddhist temples, and vibrant nightlife. However, it also serves as a cautionary tale of a society where democratic institutions crumble, leaving oligarchs to fight it out bloomberg.com/news/features/…
“No one wants to go back to the gulag. We know what it means to be free.” Europe needs to bolster its militaries — and it’s counting on part-time soldiers and conscripts to do so bloomberg.com/features/2025-… via @bpolitics
Goldman Sachs to ask junior bankers to confirm their loyalty on a regular basis bloomberg.com/news/articles/…

CHART OF THE DAY: After US President Donald Trump threatened a 50% tariff on copper, the red metal in New York is trading at a massive premium to London. Commodity traders are making hay. Everyone else is losing. #copper
As I was saying bloomberg.com/news/newslette…
New: The OBR has issued a grim warning about the UK’s public finances Debt is on track to hit 270% of GDP by 2070 The abandoning of planned spending reductions has substantially eroded the UK’s capacity to respond to shocks Another big danger sign to Labour
NEW: @BloombergUK Saturday read Keir Starmer is trapped between Labour and the bond market with nowhere to go It could wreck his premiership A person close to No10 says there are “100 Liz Trusses” in the party who don’t understand the public finances bloomberg.com/news/articles/…
Some really interesting stuff in here by @PhilAldrick. Labour has actually done relatively well on ending austerity and building houses, and ok on growth. But the political circus and rebellions mean voters may well not notice. And now there’s a big problem on fiscal stability.
Bloomberg @economics scorecard on Labour’s first year in power Growth/living standards: 6/10 Lifting employment: 3/10 Delivering stability: 2/10 Ending austerity: 7/10 Housebuilding: 8/10 Overall: 26/50 Via @PhilAldrick @DanHanson41 bloomberg.com/news/features/…
New: Keir Starmer recommits to the fiscal rules in a fresh signal to markets “The market has been really reassured by Keir Starmer’s words,” said Henry Allen, macro strategist at Deutsche Bank
The rally is only limited however. Markets still staying very sceptical about UK assets and pricing a risk premium because of the extra fiscal hole caused by the welfare u-turn
Global bond investors handed Labour a timely reminder of a harsh truth today: the UK is at their mercy The risk of an adverse market reaction was obvious Labour MPs totally ignored it The govt did little to stop it either Wrap by @Joe_Mayes and team: bloomberg.com/news/articles/…