“Even though the 87 examples account for less than 1 percent of the time period examined, they amounted to about 50 percent of Bitcoin’s compounded return over that year.”
“The handful of investors that are active in the space are demanding steep discounts to take on the risks of shaky tenant rosters, falling foot traffic and an antiquated business model.”
“Opendoor, a startup that uses computer algorithms to buy and sell homes, has closed a new fundraising round in a bid to supercharge growth.”
“In addition to blaming the lack of creditworthy borrowers, banks are all blaming the rising prices of vehicles as a reason for their disintegrating lending standards.”
“Share-buyback announcements led to ‘abnormal returns’ in the share price over the next 30 days. Executives used this share price surge to cash out.”
“This massive insider-selling confirms the recent warning from the SEC Commissioner about insiders selling stocks into their company’s buyback programs.”
Read more: https://www.zerohedge.com/news/2018-06-12/fang-insiders-selling-their-stocks-faster-any-time-history
“What many of the harder-hit Sifi banks have in common, said Mr Harnett, was a heavy dependence on US-dollar funding, putting them at risk of a squeeze if US rates continue to rise and the dollar continues to strengthen.”
Read more: https://www.zerohedge.com/news/2018-06-14/some-most-systemically-important-banks-world-are-tumbling
“The collapse of the peso comes despite an endless series of measures to halt it.”
“Desperate oil workers and criminals are stripping the oil company of vital equipment, vehicles, pumps and copper wiring, carrying off whatever they can to make money.”
Read more: https://www.nytimes.com/2018/06/14/world/americas/venezuela-oil-economy.html
“Jobs at PDVSA were once coveted for their generous salaries and benefits, including cheap credit for housing. Now, many PDVSA workers can’t feed their families on wages that amount to a handful of U.S. dollars a month.”