Sterling White – Everything begins in the heart and mind
Currently located in Indianapolis, Indiana, Sterling White is the Principal of Sonder Investment Group. For Sterling, real estate investment is more than just a job; it’s his passion. As he has risen to success in the industry, one might never know the challenges he has worked to overcome. “I grew up in Section 8 Housing […]
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Amazon.com, Inc. (AMZN) To Provide Drone Hunters With Target Practice In Cambridge, UK
Tyler Durden: A year ago, in the latest attempt to distract from his company’s inability to generate profit, Amazon’s Jeff Bezos revealed his latest breathless vision for the latest marketing gimmick future in the form of Amazon Prime Air: a fleet of unmanned delivery drones bringing customers the goods they ordered or, as the case may be, didn’t order.
Immediately in the aftermath of this announcement, a just as breathless ad hoc group of drone hunters was conceived, and patiently waited for the announcement from Bezos where said Prime Air Drones would be tested so they too could test their sharpshooting skills.
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Russian Default Risk Surges To New 6-Year Highs As Ruble Rubble Returns
Tyler Durden: Just when you thought it was all over. Having bounced post-CBR intervention and somewhat stabilized, the re-collapse in crude oil prices and continued weakness in Russian macro data provided just the impetus for a re-plunge in the Ruble (back above 63.5/USD) and surge in Russian bond yields (back to 14%).
While Russian stocks are also retesting towards recent lows, it is Russian CDS that is the most telling as it closed to day at 595bps – the widest since March 2009.
While these violent gyrations are new for recent history, they are not a new phenomenon, but are quite characteristic of the country’s financial history.