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# April 30, 2018
- URL: https://www.thejanusobserver.com/april-30-2018/
- Published: 2018-04-30T12:00:10.000Z
- Updated: 2026-10-25T19:59:23.000Z
- Author: Jonathan Janus
- Tags: Uncategorized, Brazil, China, Cord-Cutting, Debt, Dubai, Environment, Hawaii, HNA, India, Investment Management, Lumber, Personal Finance, Real Estate, Technology, Venezuela, WeWork, #Migrated-1792957904788, #wp, #wp-post, #Import 2026-10-25 19:52

This will be the only post this week from me. This week I'm attending the ULI Spring Meeting in Detroit, MI.

Cheers,

Duff

# Perspective

[WSJ - Why Tech Titans Are Betting on India, in 14 Charts - Newley Purnell, Min Jung Kim, and Rosa de Acosta 4/18](https://www.wsj.com/articles/why-tech-titans-are-betting-on-india-in-14-charts-1524067561?mod=djemDailyShot&mod=djemDailyShot&ref=thejanusobserver.com)

- Clearly there is some disconnect between showing just this chart and the title. Emphasis less on India and more on the gender split of Facebook users.

![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_facebook-users-by-gender_4-18-18.png)

# Worthy Insights / Opinion Pieces / Advice

[Bloomberg Businessweek - China Quietly Rolled Out a Very Big Bang - John Micklethwait 4/19](https://www.bloomberg.com/news/articles/2018-04-19/the-big-bang-transformed-britain-now-it-s-china-s-turn?ref=thejanusobserver.com)

[Bloomberg - Latest Climate Threat for Coastal Cities: More Rich People - Christopher Flavelle 4/23](https://www.bloomberg.com/news/articles/2018-04-23/the-latest-climate-threat-for-coastal-cities-more-rich-people?ref=thejanusobserver.com)

[Financial Samurai - Why Households Need To Earn $300,000 A Year To Live A Middle Class Lifestyle Today - Sam](https://www.financialsamurai.com/living-a-middle-class-lifestyle-on-300000-year-expensive-city/?ref=thejanusobserver.com)

[WSJ - Real Estate Stocks Are on Sale but No One Is Buying - Ken Brown 4/27](https://www.wsj.com/articles/real-estate-stocks-are-on-sale-but-no-one-is-buying-1524821400?mod=djemHeardEUH&ref=thejanusobserver.com)

# Markets / Economy

[WSJ - Cable TV's Cord-Cutting Woes Grow, Highlighting Divergence With Netflix - Shalini Ramachandran 4/27](https://www.wsj.com/articles/cable-tvs-cord-cutting-woes-deepen-highlighting-divergence-with-netflix-1524850536?ref=thejanusobserver.com)

![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_cable-tv-cord-cutters_4-27-18.png)

# Energy

[Reuters - Venezuela faces heavy bill as grace period lapses on China loans - Corina Pons 4/27](https://www.reuters.com/article/us-venezuela-china/exclusive-venezuela-faces-heavy-bill-as-grace-period-lapses-on-china-loans-sources-idUSKBN1HY2K0?ref=thejanusobserver.com)

# Finance

[FT - WeWork bond finds home in yield-starved market - Alexandra Scaggs 4/26](https://www.ft.com/content/81887254-48de-11e8-8ee8-cae73aab7ccb?segmentId=a7371401-027d-d8bf-8a7f-2a746e767d56&ref=thejanusobserver.com)

- "This week high-yield bond investors faced a puzzle: how to value a bond sold by an unprofitable company that does not own hard assets or offer a clear outlook for its free cash flow?"
- "The company in question was WeWork, the office-sharing company that last year attracted a $4.4bn equity investment from Japan’s Softbank. WeWork, which hired JPMorgan to lead the sale but had more than a dozen other banks working as well, attracted enough demand to increase the sale to $702m from $500m."
- "Several investors who steered clear of the bond — and one who bought it — said WeWork’s debt was not the type that typically appealed to high-yield investors. But nor was it the first company vowing to disrupt an industry to have found buyers in the junk market. Last year electric carmaker Tesla sold a $1.8bn high-yield bond, and in March, Uber raised $1.5bn in a leveraged loan."
- "A combination of low interest rates and shrinking supply has made it harder for money managers to find bonds with attractive yields. WeWork’s bonds were sold at a yield of 7.875%."

# Environment / Science

[LAT - A Hawaiian island got about 50 inches of rain in 24 hours. Scientist warn it's a sign of the future - Heidi Chang 4/28](http://www.latimes.com/nation/la-na-hawaii-storm-kauai-20180428-story.html?ref=thejanusobserver.com)

# Construction

WSJ - Daily Shot: CME Lumber (Jul) 4/26

![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_cme-lumber-jul_4-26-18.png)

# China

[FT - China's HNA reports debts have soared to $94bn - Lucy Hornby 4/28](https://www.ft.com/content/2d3d0e8e-49ed-11e8-8ee8-cae73aab7ccb?ref=thejanusobserver.com)

# Middle East

[Visual Capitalist - Knight Frank: A Time-lapse of Dubai's Astonishing Growth - Nick Routley 4/28](http://www.visualcapitalist.com/timelapse-dubai-growth/?ref=thejanusobserver.com)

- Very cool animation.

# South America

[NYT - 'Their Country Is Being Invaded': Exodus of Venezuelans Overwhelms Northern Brazil - Ernesto Londono 4/28](https://nyti.ms/2KkJSpb?ref=thejanusobserver.com)