In a free fall.
It's what the bursting of a bubble looks like.
Venture capital barometer down close to 40% from its peak in June 2019.
VC deal volumes are down 24%, while deal exits just plunged 35%!
Yet another vital part of the economy crumbling. pic.twitter.com/auWszyulwN
— Otavio (Tavi) Costa (@TaviCosta) January 21, 2020
LIBOR’s End Is $12 Trillion Headache for Loan Bankers: Bloomberg
The whole financial world is working to move away from LIBOR and other interbank lending benchmarks, which for decades have been used to set borrowing costs on bonds and loans, as well as products ranging from derivatives to credit cards.
If the US housing is booming..THEN.. why jobs are collapsing? pic.twitter.com/qro1aBwK3d
— Alessio (@AlessioTMAD) January 20, 2020
Great chart by @TaviCosta. How long until this all shows up in the #employment #numbers. I suspect it won't be long. pic.twitter.com/XnWuQVLJwm
— Lance Roberts (@LanceRoberts) January 20, 2020
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