Year: 2020

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At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]

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We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]

Three other board directors including Sean Shao were also removed at an extraordinary shareholders meeting in Beijing on Sunday, the report https://bloom.bg/38slTRo said. Ying Zeng and Jie Yang will be added as independent board directors, the report added. Luckin Coffee declined to comment. …read more […]

PG&E Corporation (NYSE:PCG) is an industry leader in arson and manslaughter. They also do something with electricity. PCG filed for bankruptcy in January of 2019 after they were unable to pay billions in claims. To call the bankruptcy process a klusterfuk, is generous to all involved. However, that’s all in the rearview mirror. A bunch of […] …read more […]

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In numerous columns, and years before that, I have been beating one drum. The stock market is forward looking. It attempts to figure out which firms will control the future, Amazon for instance, and which companies have dropped the ball, IBM for instance. There are numerous examples of this dichotomy, but one I have been harping on […] …read more […]

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President Donald Trump’s mushrooming political challenges may signal an electoral washout that alters the composition of the Republican-led Senate. …read more […]

Three other board directors including Sean Shao were also removed at an extraordinary shareholders meeting in Beijing on Sunday, the report https://bloom.bg/38slTRo said. Ying Zeng and Jie Yang will be added as independent board directors, the report added. Luckin Coffee declined to comment. …read more […]

(Bloomberg) — Just over a month after turning more upbeat on the economy, the Bank of Israel is still unlikely to tinker with its near-zero interest rates even as it confronts a renewed surge in Covid-19 cases and strengthening shekel.Coronavirus infections plummeted after the government imposed a near-total shutdown from mid-March through late April, but opening up the economy has brought the disease back to new daily highs. The second wave of contagion is almost certain to complicate plans by the central bank to step aside in favor of a primarily fiscal response to the crisis, forcing investors to reassess …read more […]

Up, up and away they go. Kicking off the second half of the year with a bang, the S&P 500 followed up its best quarter in over 20 years by extending its winning streak to four sessions. That said, given the current climate of uncertainty, predicting what the remainder of 2020 holds can feel like a guessing game. So, maybe it’s time to look at what the insiders are doing. Company owners, presidents and other officers, board members – have a direct line to information that the rest of us don’t usually see. Their positions put them in place …read more […]

As of April 17, the original filing deadline, the IRS had processed 24 million fewer returns than it had last year, the Taxpayer Advocate Service said …read more […]

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