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Ed Conway

@EdConwaySky • 214,282 subscribers

New book ‘Trade World’ coming September 2026

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The single most important chart abt today's Autumn Statement didn't appear in any of the documentation from HM Treasury or Office for Budget Responsibility. But I've put it together myself. It shows household disposable income growth: how much better or worse-off we're getting. And two things leap out...

The single most important chart abt today's Autumn Statement didn't appear in any of the documentation from HM Treasury or Office for Budget Responsibility. But I've put it together myself. It shows household disposable income growth: how much better or worse-off we're getting. And two things leap out...

254,910 Aufrufe

If the UK were getting 100% of its power from wind & solar then there would be no inertia. The system wouldn't work. We've had a sneak preview of this recently during Covid. Lots of wind, low demand. The grid operators actually had to fire up gas turbines JUST to provide inertia

If the UK were getting 100% of its power from wind & solar then there would be no inertia. The system wouldn't work. We've had a sneak preview of this recently during Covid. Lots of wind, low demand. The grid operators actually had to fire up gas turbines JUST to provide inertia

23,978 Aufrufe

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Most of the obituaries and tributes to David Hockney will, I imagine, focus primarily on his extraordinary craft and brilliance as an artist. Perhaps they might also mention his brilliance as a communicator (he was such a fine writer and speaker). But there was something else rather unique about him too. He was also strikingly honest about the tricks/techniques artists use and used to paint. His book Secret Knowledge is a rather wonderful detective work into how renaissance and Dutch golden age painters used glass and mirrors to help them master perspective. It's a pretty compelling case (see this video clip from a BBC doc he made alongside the book👇) though I'm sure some art historians will raise their eyebrows. Many will be aghast at the notion that greats like Vermeer might have been using lenses and camera obscuras to help them draw and paint. As if it were in some way "cheating". But Hockney was so self-evidently brilliant he was one of the few people who could document this without anyone gainsaying his own talent. There are very few artists, living or dead, who have this degree of self-confidence. Not just to know their craft, but to be bracingly honest about how it works. One other who comes to mind is Paul Simon: not just an extraordinary musician but is also an extraordinary communicator about the tricks and techniques of how to write and perform music. For many great artists, the temptation is to cloak their crafts in mystery, like a member of the magic circle. Hockney wasn't having any of it. So yes, he was a legend in all the obvious ways. But also in a few other less obvious ways as well. RIP.

Most of the obituaries and tributes to David Hockney will, I imagine, focus primarily on his extraordinary craft and brilliance as an artist. Perhaps they might also mention his brilliance as a communicator (he was such a fine writer and speaker). But there was something else rather unique about him too. He was also strikingly honest about the tricks/techniques artists use and used to paint. His book Secret Knowledge is a rather wonderful detective work into how renaissance and Dutch golden age painters used glass and mirrors to help them master perspective. It's a pretty compelling case (see this video clip from a BBC doc he made alongside the book👇) though I'm sure some art historians will raise their eyebrows. Many will be aghast at the notion that greats like Vermeer might have been using lenses and camera obscuras to help them draw and paint. As if it were in some way "cheating". But Hockney was so self-evidently brilliant he was one of the few people who could document this without anyone gainsaying his own talent. There are very few artists, living or dead, who have this degree of self-confidence. Not just to know their craft, but to be bracingly honest about how it works. One other who comes to mind is Paul Simon: not just an extraordinary musician but is also an extraordinary communicator about the tricks and techniques of how to write and perform music. For many great artists, the temptation is to cloak their crafts in mystery, like a member of the magic circle. Hockney wasn't having any of it. So yes, he was a legend in all the obvious ways. But also in a few other less obvious ways as well. RIP.

141,940 Aufrufe • vor 7 Tagen

📽️ What is Donald Trump's "Southern Highway"? Here's the story of the secret trade route funnelling oil out of the Strait of Hormuz. Might it help explain why oil prices never went as stratospheric as some feared? My latest primer on war in the Persian Gulf👇

📽️ What is Donald Trump's "Southern Highway"? Here's the story of the secret trade route funnelling oil out of the Strait of Hormuz. Might it help explain why oil prices never went as stratospheric as some feared? My latest primer on war in the Persian Gulf👇

51,512 Aufrufe • vor 4 Tagen

📽️ From Donald Trump to Britain's wind power trade body, there's a growing coalition calling for more drilling in the North Sea. Raising the question: if we DID encourage more exploration, how much oil & gas could we actually get? Our MEGA primer on the North Sea👇 Ps it's longer than usual, but it turns out this topic has SO MANY misconceptions. Time to put some of them right. Let me know what you think

📽️ From Donald Trump to Britain's wind power trade body, there's a growing coalition calling for more drilling in the North Sea. Raising the question: if we DID encourage more exploration, how much oil & gas could we actually get? Our MEGA primer on the North Sea👇 Ps it's longer than usual, but it turns out this topic has SO MANY misconceptions. Time to put some of them right. Let me know what you think

923,214 Aufrufe • vor 3 Monaten

📽️THE TANKER There's an extraordinary race underway on the high seas, as nations vie to secure increasingly scarce shipments of fuel. In our latest on the economics of this conflict we track one such ship & ask: why is Britain so exposed? The answer is not v reassuring. Watch👇

📽️THE TANKER There's an extraordinary race underway on the high seas, as nations vie to secure increasingly scarce shipments of fuel. In our latest on the economics of this conflict we track one such ship & ask: why is Britain so exposed? The answer is not v reassuring. Watch👇

624,575 Aufrufe • vor 2 Monaten

📽️I realise it's a bit odd to mark the launch of a podcast with a 13m deep dive screen. But, well, maybe I'm just a bit odd. Anyway here's the story of how LEDs saved the world. And why, paradoxically, they might NOT save the world. Mind-blowing data on light, energy & more!👇

📽️I realise it's a bit odd to mark the launch of a podcast with a 13m deep dive screen. But, well, maybe I'm just a bit odd. Anyway here's the story of how LEDs saved the world. And why, paradoxically, they might NOT save the world. Mind-blowing data on light, energy & more!👇

36,804 Aufrufe • vor 4 Tagen

🎥WHO PLACED THE BET? Someone just made a killing with an extraordinarily well-timed bet on financial markets, minutes before Donald Trump's announcement of war talks yesterday. Was it luck, or inside information? Either way... someone just got rich. Four min primer👇

🎥WHO PLACED THE BET? Someone just made a killing with an extraordinarily well-timed bet on financial markets, minutes before Donald Trump's announcement of war talks yesterday. Was it luck, or inside information? Either way... someone just got rich. Four min primer👇

598,293 Aufrufe • vor 2 Monaten

📽️ This isn't just about Keir Starmer and whether he'll be PM in a few days/weeks. It's about the economic quandary the UK's faced with and whether any future govt can or will confront it. My primer on why markets are quite so fretful about the UK👇

📽️ This isn't just about Keir Starmer and whether he'll be PM in a few days/weeks. It's about the economic quandary the UK's faced with and whether any future govt can or will confront it. My primer on why markets are quite so fretful about the UK👇

197,248 Aufrufe • vor 1 Monat

📽️ There have been many scary, unnerving days in this latest Gulf war. But the past 24 hours was particularly bad. Why? Because both sides are now causing lasting damage to the world economy's life support system. Our latest primer on the econ consequences of this war👇

📽️ There have been many scary, unnerving days in this latest Gulf war. But the past 24 hours was particularly bad. Why? Because both sides are now causing lasting damage to the world economy's life support system. Our latest primer on the econ consequences of this war👇

457,510 Aufrufe • vor 3 Monaten

🚗What's happening to Europe's car industry is one of the biggest stories in the world right now, & prob the biggest story of next year too. A slow motion implosion driven by multiple factors (esp Chinese competition). Watch my primer on what's going on👇

🚗What's happening to Europe's car industry is one of the biggest stories in the world right now, & prob the biggest story of next year too. A slow motion implosion driven by multiple factors (esp Chinese competition). Watch my primer on what's going on👇

1,948,824 Aufrufe • vor 1 Jahr

A big moment in Britain's industrial story happened today. The coke ovens at the Port Talbot steelworks were closed. This was where they baked the coal used to make millions of tonnes of steel. What you're looking at here is the last coke ever made in the UK. Pix: Tata Steel UK

A big moment in Britain's industrial story happened today. The coke ovens at the Port Talbot steelworks were closed. This was where they baked the coal used to make millions of tonnes of steel. What you're looking at here is the last coke ever made in the UK. Pix: Tata Steel UK

2,102,860 Aufrufe • vor 2 Jahren

We heard @borisjohnson was here in Davos for a private event. So we tracked him down to ask him what he was up to. He took off. We chased him. Here’s what happened next:

We heard @borisjohnson was here in Davos for a private event. So we tracked him down to ask him what he was up to. He took off. We chased him. Here’s what happened next:

3,157,837 Aufrufe • vor 3 Jahren

📽️ WHY are diesel prices rising so fast? Well, partly because this is the worst oil supply shock in modern history. And partly because of an obscure decision taken by politicians decades ago. My latest mega primer on the economic consequences of war in the Gulf👇

📽️ WHY are diesel prices rising so fast? Well, partly because this is the worst oil supply shock in modern history. And partly because of an obscure decision taken by politicians decades ago. My latest mega primer on the economic consequences of war in the Gulf👇

191,093 Aufrufe • vor 2 Monaten

🎥IRAN WAR PRIMER Six days on from the start of this war, what have we learnt about the economic consequences? Here's our latest primer, covering: 1. Why gas prices are up so much more than oil 2. The ticking timebomb facing Gulf oil producers 3. It's not just oil/gas - we need to talk about helium & sulphuric acid! 4. What does this mean for the 21st century economic model for Gulf states? All that and much more in 10 mins. Longer than usual. But a lot to cover in this one 👇

🎥IRAN WAR PRIMER Six days on from the start of this war, what have we learnt about the economic consequences? Here's our latest primer, covering: 1. Why gas prices are up so much more than oil 2. The ticking timebomb facing Gulf oil producers 3. It's not just oil/gas - we need to talk about helium & sulphuric acid! 4. What does this mean for the 21st century economic model for Gulf states? All that and much more in 10 mins. Longer than usual. But a lot to cover in this one 👇

221,158 Aufrufe • vor 3 Monaten

🎥 What on earth are rare earths? Why do they matter so much? Why do they nearly all come from China? And how worried should we be about the latest chapter in the trade war? These and more questions answered in my latest primer👇

🎥 What on earth are rare earths? Why do they matter so much? Why do they nearly all come from China? And how worried should we be about the latest chapter in the trade war? These and more questions answered in my latest primer👇

459,953 Aufrufe • vor 8 Monaten

🎥Did Britain just loosen sanctions on Russia? Or did it (as ministers claim) tighten them?🤔 And what does this all have to do with Indian oil refineries? My 10m primer on jet fuel, summer holidays, and how the economic war on Russia is colliding with war in the Persian Gulf👇

🎥Did Britain just loosen sanctions on Russia? Or did it (as ministers claim) tighten them?🤔 And what does this all have to do with Indian oil refineries? My 10m primer on jet fuel, summer holidays, and how the economic war on Russia is colliding with war in the Persian Gulf👇

57,300 Aufrufe • vor 1 Monat

🎥 The rich world just made the biggest intervention in oil markets in modern history. So why did crude prices barely budge? Here's my 10m primer on the plumbing of the global economy and the surprisingly simple mathematics underlying the energy shock of 2026👇

🎥 The rich world just made the biggest intervention in oil markets in modern history. So why did crude prices barely budge? Here's my 10m primer on the plumbing of the global economy and the surprisingly simple mathematics underlying the energy shock of 2026👇

172,502 Aufrufe • vor 3 Monaten

There's been a lot of nonsense spouted about Labour's £28bn green investment plans. And doubtless there'll be lots more nonsense spouted in the coming months. With that in mind, here's my primer on the plan - and its affordability. No nonsense. But maybe one or two charts...

There's been a lot of nonsense spouted about Labour's £28bn green investment plans. And doubtless there'll be lots more nonsense spouted in the coming months. With that in mind, here's my primer on the plan - and its affordability. No nonsense. But maybe one or two charts...

1,283,054 Aufrufe • vor 2 Jahren

Here's the moment ⁦Rachel Reeves⁩ first learned of the negative market reaction to her Budget - when my colleague ⁦Beth Rigby⁩ pushed her on it👇 (Gilt yields were already up from 4.2% to 4.4% at the time of the interview)

Here's the moment ⁦Rachel Reeves⁩ first learned of the negative market reaction to her Budget - when my colleague ⁦Beth Rigby⁩ pushed her on it👇 (Gilt yields were already up from 4.2% to 4.4% at the time of the interview)

740,425 Aufrufe • vor 1 Jahr

📽️ How much have the US and others given in aid to Ukraine? Who's been the most generous? How does it all compare with previous conflicts? And what's with Donald Trump's money-for-minerals deal? All the answers in my primer, this time with bonus extra charts 🤓

📽️ How much have the US and others given in aid to Ukraine? Who's been the most generous? How does it all compare with previous conflicts? And what's with Donald Trump's money-for-minerals deal? All the answers in my primer, this time with bonus extra charts 🤓

564,145 Aufrufe • vor 1 Jahr

🧵Here's a thread about an obscure economic theory from a century and a half ago, which is about to become a MASSIVE deal. ⚡️It helps explains why tackling climate change is going to be v v hard. Some say impossible. The story begins with this building👇

🧵Here's a thread about an obscure economic theory from a century and a half ago, which is about to become a MASSIVE deal. ⚡️It helps explains why tackling climate change is going to be v v hard. Some say impossible. The story begins with this building👇

832,219 Aufrufe • vor 2 Jahren