China Oceanwide’s LA ‘Graffiti Project’ Up for Sale After Creditors Sue
Developer
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Two months after making global headlines for being one of the world’s
largest graffiti takeovers, a downtown Los Angeles project by China
Oceanwide Holdi...
2022-07-18
Churn and Burn
I still think a rally is in the cards, in part because the bears keep piling in. But since this is a bear market, the longer a rally takes, the higher the probability that the rally peak is in. I don't think that it is in yet, could be, but thinking more that the stretch targets become less likely the longer it takes a rally to get going. ES is already back to 3820 area it was battling at last week. If it fails, a trip back to 3700 is in the cards.Junk bonds tracked with equities, but bonds are down overall. Ugly candles on biotech funds today.
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