Fiverr files to go public, reporting revenue of $75.5M and a net loss of $36.1M in 2018

https://techcrunch.com/2019/05/16/fiverr-files-to-go-public/ https://www.sec.gov/Archives/edgar/data/1762301/000104746919003139/a2238508zf-1.htm Other reporting notes: Repeat customers make up 57% of rev in 2018 , up 2% from 2017 2.1M active buyers in 2018 vs 1.9M in 2017; active buyers defined as anyone who makes 1 purchase in 12 months, irrespective of cancellations Take rate, or revenue as a percentage of Gross Merchandise Volume (total … Read more

The danger zones of leveraged loans

via axios: Investing in unbundled risk can be extremely dangerous. Alan Greenspan was never more wrong than when he defended the deregulation of derivatives in 1999: “These new financial instruments are an increasingly important vehicle for unbundling risks. These instruments enhance the ability to differentiate risk and allocate it to those investors most able and willing to take … Read more

The Maestro Takes the Stage Again

by SP Once again we watch as the stage is set for war. Authored by Janine Jackson via Fairness & Accuracy In Reporting, Even while feigning reluctance, the foundational attitudes on which the war will be based are set in the public mind. The inevitability of the war is planted in the public mind the … Read more

So let’s talk about the second half 2019 recovery

so let's talk about the 2h19 recovery pic.twitter.com/Ke1zGqjDne — Alastair (@StockBoardAsset) May 20, 2019 Korean exports to: China fell -15.9% YoY (this is Korea's largest country-level MARKET) 🤢EU -19.4%, ouch 🤢Japan -1.4%US -4.4% Chips -33%Oil product -5.1%Car +12.6%Wireless telecom devices +5.2 As a very China-exposed economy, Korean exports & investment are badly hit😬 — Trinh … Read more

Even Before The Recession Has Officially Begun, Some Large U.S. Firms Are Laying Off Thousands Of Workers

by Michael Snyder If the U.S. economy is “booming” and very bright days are ahead, then why are many large U.S. corporations laying off thousands of workers?  Layoffs are starting to come fast and furious now, and this is happening even though the coming recession has not even officially started yet.  Of course many are … Read more

Beijing Warns Of “Unwavering Resolve” In Huawei Fight, Accuses Washington Of “Bullying & Blackmail”

via zerohedge: As the anti-American sloganeering reaches an unprecedented level of froth (there’s now an unofficial trade war ‘fight song’) across China, the Commerce Department has softened its anti-Huawei stance, calling for a 90-day reprieve  to allow American broadband companies more time to work out a ‘Plan B’. The delay will cover continued operation of existing networks … Read more

Deutsche Bank Death Spiral Hits Historic Low. European Banks Get Re-Hammered

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Just bumping along the bottom, from hopeless to hope and back to hopeless. The amazing thing with Deutsche Bank shares is this: Since 2007, so for 12 years, bottom fishers have been routinely taken out the back and shot, every time, with relentless regularity – as have big institutional investors, from … Read more

Will S&P 500 Double Top Derail The Rally?

by Chris Kimble The rally off the December stock market lows has been strong, to say the least. The S&P 500 rallied 25 percent before hitting and testing the 2018 high. The old highs proved to be formidable resistance and ushered in some volatility in May… and a 5 percent pullback. In today’s 2-pack, we look … Read more

The Meltdown’s Begun—Warning When You See This Report Your Jaw Will Hit The Floor!

For More Information See and Links See: https://www.zerohedge.com/news/2019-05-18/five-years-prison-offending-someone-online https://www.businessinsider.com/college-board-is-adding-adversity-score-to-sat-2019-5 https://www.infowars.com/feminist-says-family-must-be-abolished-to-dismantle-capitalism/ https://www.breitbart.com/tech/2019/05/17/exclusive-facebook-includes-candace-owens-on-hate-agents-list/ http://bit.ly/2HqK5Yp https://www.dailywire.com/news/47347/walsh-pro-abortion-zealots-are-sending-me-death-matt-walsh http://bit.ly/2EmqwPg

Delta’s test of free in-flight Wi-Fi may shame other airlines into offering service

https://www.cnbc.com/2019/05/19/deltas-test-of-free-in-flight-wi-fi-may-shame-other-airlines.html Delta Air Lines started a two-week pilot test on May 13 that includes free Wi-Fi on around 55 domestic short-, medium- and long-haul flight segments a day. In 2016, JetBlue became the first domestic airline to offer its Fly-Fi streaming-quality Wi-Fi service free on all its planes. Industry experts expect Delta will continue down … Read more

Tesla shares fall after analyst says Elon Musk distracting carmaker with ‘sci-fi projects’

https://www.cnbc.com/2019/05/20/wedbush-tesla-facing-code-red-but-management-not-focused-on-model-3.html Tesla is “expanding into insurance, robotaxis, and other sci-fi projects/endeavors when the company instead should be laser focused on shoring up core demand for Model 3,” Wedbush says. Wedbush cut its price target on Tesla shares to $230 from $275. The firm believes Tesla reaching its end of the year is “going to be … Read more