“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.”
“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.”
“The collapse of the peso comes despite an endless series of measures to halt it.”
“Was it General Eisenhower who saw more clearly than any of us?”
“The flattening curve pointed to a deep pessimism among bond investors who see the economy fading away its short-term boost from fiscal stimulus and tax cuts.”