Andy Burnham in Kyiv: "Ukraine has been Europe's protector. Not a drain on our security, but a front line of keeping Europe safe. On behalf of everyone in the United Kingdom, днем незалежності україно, Happy Independence Day]... We are with you in this struggle, all the way, heart and soul."

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(subscriber link for the erudite, fragrant and very good-looking people who pay my wages: www.ft.com/content/fb49...)

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Happy Brexit Day! Ten years later we can happily conclude that the U.K. is only a bit poorer than it would have been, food supplies have been “adequate”, it isn’t at outright war with its neighbours, and Scotland, Wales and Northern Ireland haven’t seceded yet. A smashing success, really.

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Blackrock doesn't want SpaceX stock for itself. It will -- as a favor to Elon -- warehouse this garbage until it can be foisted off on index funds (just as @blindsquirrel.bsky.social foresaw). Will Blackrock succeed in unloading it at a profit? TBD www.wsj.com/business/spa...

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1/ In my Inbox this morning: warnings from both Mike Green and the Rupert Mitchell - Ben Brey team (@blindsquirrel.bsky.social) about the coming re-equitization of public companies, and the concomitant vast supply of equity now starting to flood the market. (Brey, brilliantly, spotted it first.)

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