Month: July 2019

The ongoing US-China trade war is a distraction from China’s big problems: the blowing of multiple bubbles and the country’s soaring debt, which will eventually kill economic growth. It happened in Japan in the 1980s. And it’s happening in China nowadays. The trade war is one of China’s problem that dominates social media these days.
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Demand for single-family rental homes is surging, and homebuilders are now stepping in, redesigning and reimagining the sector — and becoming landlords themselves. While builders have always sold some of their new homes to investors as rentals, the strong demand has some moving into the space exclusively. AHV Communities, partnering with Bristol Group, is putting
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Despite new all-time highs for the Spiders and QQQ ETFs, the technical dynamics remain the same. Diamonds, Spiders and QQQ have positive but overbought weekly charts, while transports and Russell 2000 have positive weekly charts. The five ETFs straddle semiannual pivots. Spiders, QQQ, transports and Russell 2000 are above semiannual pivots while Diamonds is not.
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An aerial shot of Brickell Key, with downtown cityscape. Getty Here’s where the best national deals for Q3 are according to Knock.com’s National Deal Forecast. To predict where the best potential discounts are, Knock uses “machine learning-driven algorithms” valuing customer’s homes to current listings in 45 of the country’s largest MSA’s (Metropolitan Statistical Area). “The
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As the month of July winds down, municipal issuance will be muffled thanks to the Federal Reserve’s monetary policy meeting and subsequent announcement on interest rates. And while it’s normal for issuers to purposely schedule deals around the Fed, expected issuance next week is certainly respectable. There is an estimated $4.9 billion of new issuance
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While post offices sometimes offer banking services, Croatian Post is looking at launching a nationwide cryptocurrency exchange service. For a pilot effort, Croatian Post, or Hrvatska Pošta, is now offering crypto-to-fiat exchanges in three post offices in the coastal town of Zadar – a place popular with tourists. Hrvatska Pošta said Thursday that the trial run
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Puerto Rico’s political upheaval has already hurt the economy and a disorderly transfer of power may lead to near-term delays in the territory’s historic debt restructuring. Gov. Ricardo Rosselló said late Wednesday he would resign effective Aug. 2, leaving the future of the government in flux. His resignation came after a series of corruption arrests,
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Tekla Healthcare Opportunities Fund (THQ) has been lagging the broader market’s returns as measured by the SPDR S&P 500 ETF (SPY). However, on a year-to-date basis, THQ has been beating its ETF equivalent. Overall, the health care sector has been left behind the broader market’s ~20% rally for the year. This has a lot to
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Employees have lunch at the canteen at Facebook’s new headquarters, designed by Canadian-born American architect Frank Gehry, at Rathbone Place in central London on December 4, 2017. DANIEL LEAL-OLIVAS | AFP | Getty Images Check out the companies making headlines after the bell: Shares of Facebook jumped 3.5% in after-hours trading, before falling into the
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A new Bitcoin survey asking US citizens about Facebook’s (NASDAQ:FB) new Libra stablecoin has yielded some surprising results. When compared to leading cryptocurrencies, only 2% felt they would trust Libra more than Bitcoin. The results may surprise traders and also raise questions about Facebook’s newest endeavor. Bitcoin Survey A poll of 1,799 US adults was carried out
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