Canary

Coinbase Debt Was a 'Canary in the Coal Mine' for Crypto Meltdown

Coinbase Debt Was a ‘Canary in the Coal Mine’ for Crypto Meltdown

(Bloomberg) — Following the dramatic collapse of Sam Bankman-Fried’s crypto empire, many investors are looking for warning signs that may have predicted the contagion that was about to unfold. A possibility ? Coinbase Global Inc.’s junk bonds Bloomberg’s Most Read The largest U.S. digital asset trading platform has seen its bond prices plunge this year. …

Coinbase Debt Was a ‘Canary in the Coal Mine’ for Crypto Meltdown Read More »

'Canary in the Coal Mine': Slowing used-car market points to slowing US inflation

‘Canary in the Coal Mine’: Slowing used-car market points to slowing US inflation

Used vehicles make up 5% of the basket of goods used to track US inflation © Matthew Hatcher/Bloomberg Later this month, Berman Auto Group will host what has become a rare event at an auto dealership over the past two years: a sales event. In April, the company purchased about 150 vehicles when it opened …

‘Canary in the Coal Mine’: Slowing used-car market points to slowing US inflation Read More »