{"id":96168,"date":"2026-10-06T14:46:33","date_gmt":"2026-10-06T13:46:33","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=96168"},"modified":"2026-10-06T14:46:33","modified_gmt":"2026-10-06T13:46:33","slug":"stupid-headlines-of-our-financial-times","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/10\/06\/stupid-headlines-of-our-financial-times\/","title":{"rendered":"Stupid headlines of our (Financial) Times"},"content":{"rendered":"<p>The FT has <a href=\"https:\/\/www.ft.com\/content\/1c1ee003-f041-4c66-a971-f08d488d11f7?emailId=3a8a016f-a370-40e9-8f96-30d33c51a4bb&amp;segmentId=3d08be62-315f-7330-5bbd-af33dc531acb&amp;syn-25a6b1a6=1\" target=\"_blank\" rel=\"noopener\">just published<\/a> this headline:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-96170\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-14.40.46-550x408.png\" alt=\"\" width=\"550\" height=\"408\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-14.40.46-550x408.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-14.40.46-405x300.png 405w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-14.40.46-768x570.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-14.40.46-539x400.png 539w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-14.40.46.png 1424w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>As stupid headlines go, that one does take some beating.<\/p>\n<p>The whole reason why the S&amp;P 500 has hit its first all-time high since August is precisely because funds are being diverted out of government bonds and into the purchase of AI shares, with a consequent deemed increase in the necessary interest rate payable on the bonds in question because their price has fallen.<\/p>\n<p>The S&amp;P is not shrugging off a brutal bond sell-off.<\/p>\n<p>It is creating a brutal bond sell-off, and the FT appears to lack the wit to understand that.<\/p>\n<p>No wonder we are in trouble if they cannot see the obvious when it stares them in the face.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FT has just published this headline: As stupid headlines go, that one does take some beating. The whole reason why the S&amp;P 500 has<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/10\/06\/stupid-headlines-of-our-financial-times\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-96168","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/96168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=96168"}],"version-history":[{"count":2,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/96168\/revisions"}],"predecessor-version":[{"id":96171,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/96168\/revisions\/96171"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=96168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=96168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=96168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}