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Thank you so much!Monday's market sell-off was inspired by the escalating trade war with China coupled with Friday's Uber IPO fiasco, CNBC's Jim Cramer said. "Whenever there's a huge, highly visible initial public offering that implodes, it discredits the entire asset class," the "Mad Money" host said. "That's exactly what happened after the failed Facebook IPO in 2012. It's happening again right now."The ride-hailing app, which closed Monday nearly $8 off its $45 debut, is largely to blame for the disappointing debut, Cramer said. The technology platform had terrible timing entering public markets, he said. "You're supposed to come public when your business is red hot. But Uber waited too long," he said. "The ride-sharing company's growth has been slowing for a while now, and they just had another decelerating quarter."The stock will continue to be under pressure until management can get the company on the road to profitability, Cramer said. Uber's share price was unable to get a good pop once it began trading Friday because it there was not enough demand on the market for the equity, he added.IPOs are usually tailored toward big institutions where money managers buy most of the shares in the actual deal. That's followed by individual investors, who bid up the sock in the aftermarket, Cramer said. "However, at $45, most professionals weren't interested because they knew Uber was slowing," he said. Furthermore, it did not help that the company went public "just as Trump started his tariff increases and that spread panic among potential buyers."That wouldn't have mattered if the IPO had been priced correctly, Cramer said.Get more insight here

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With the help of Klay Thompson and Ryan Anderson, Coach John Calipari demonstrates the fundamentals of shooting a basketball.


About USA Basketball
Based in Colorado Springs, Colo., USA Basketball is a nonprofit organization and the national governing body for men's and women's basketball in the United States. As the recognized governing body for basketball in the U.S. by the International Basketball Federation (FIBA) and the United States Olympic Committee (USOC), USA Basketball is responsible for the selection, training and fielding of USA teams that compete in FIBA sponsored international competitions, as well as for some national competitions.

During the 2009-12 quadrennium, 1,273 men and women players and 235 coaches participated in USA Basketball, including USA Basketball Teams, USA Basketball trials and the USA Basketball 3x3 FIBA championships.

USA Basketball men's and women's teams between 2009-12 compiled an impressive 264-35 win-loss record in FIBA and FIBA Americas competitions, the Pan American Games, the World University Games, the Nike Hoop Summit and in exhibition games.

USA teams are the current men's and women's champions in the Olympics; men's and women's FIBA World Championships (Basketball World Cup); men's and women's FIBA U19 World Championship; men's and women's FIBA U17 World Championships; men's and women's U18 and U16 FIBA Americas Championships, and FIBA 3x3 Women's World Championship and FIBA 3x3 Women's U18 World Championship. USA Basketball also currently ranks No. 1 in all five of FIBA's world ranking categories, including combined, men's, women's, boys and girls.

For more information, as well as all the latest USA Basketball news and highlights, log onto its official website at http://www.USAB.com

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Even before COVID-19, New York was already defined by a gap between the rich and poor. Yet during the pandemic, wealth has become a determinant of survival.
The pandemic hit New York in the spring, with almost 800 people dying from COVID-19 each day in April. The city has been uneasy since then. People's lives have been shaken by months of stay-at-home orders, changing public health measures, "Black Lives Matter" protests, the presidential election, and above all the economic consequences of the pandemic, including ever-widening inequality between New Yorkers.

Stefanie Dodt and Christiane Meier are the creators of "New York City Rich and Poor - The Inequality Crisis." They spent more than eight months following the lives of three New York families who inhabit the different strata of New York society - the bottom, the top and the middle.
The documentary links this long period of observation with intensive data research and analysis and shows why, long before COVID-19, it was clear who the disease would hit hardest. The boundaries between rich and poor are often clearly defined by neighborhoods. Where a person lives determines their risk of becoming infected with the virus, and health has become more of a luxury than ever. The pandemic is spotlighting the scale and consequences of economic inequality in America. In New York, a city of extremes, the emphasis is white hot - and reflects in brash New York style the structural problems all of America is facing as COVID-19 further amplifies inequality.

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In this Short episode, we are going through #Bitcoin and #Chainlink, make sure to subscribe for coming updates and smash the like button!

⏰TIMESTAMPS
00:00 Intro
00:07 #BITCOIN TA!
01:19 #CHAINLINK TA!
03:17 Outro


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All content on Bitcoinsensus.com is provided for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any product, service or investment. The opinions expressed on Bitcoinsensus does not constitute investment advice and independent financial advice should be sought where appropriate. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. Bitcoinsensus will not be held liable for any of your personal trading or investing decisions. Bitcoinsensus will not be held liable for any losses that you may incur by speculating in the market.

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Song-FML

Artist-Arizona Zervas