Unemployment Claims Fall, But Pandemic Continues To Bite

pandemic unemployment claims

The COVID pandemic continues to cause high unemployment claims, although they ticked down modestly last week. According to the Labor Department, jobless claims for the week that ended Jan. 16 amounted to 900,000, which is slightly better than the consensus 925,000. Q4 2020 hedge fund letters, conferences and more The previous week, the Labor Department […]

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Pillar Capital’s ILS assets grow 39% in 2020, reaching $2.4bn

Pillar Capital Management Limited, a Bermuda headquartered specialist collateralized reinsurance and insurance-linked securities (ILS) investment manager, has continued to have fund raising success through 2020, lifting its ILS assets managed by 39% to reach $2.4 billion as of the start of 2021. Pillar Capital Management Limited, a Bermuda headquartered specialist collateralized reinsurance and insurance-linked securities…

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Will Biden Inaugurate Gold’s Rally?

Gold Inauguration

The price of gold increased on Inauguration Day, arousing investors’ hopes for a new bullish phase. Q4 2020 hedge fund letters, conferences and more Gold Price Increased On Inauguration Day Ladies and gentlemen, it’s official now – Joe Biden and Kamala Harris have been sworn in as the President and Vice-President of the United States, […]

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Now that Biden is in, Amazon will help with COVID vaccination

amazon covid vaccination

Amazon has offered to help with COVID vaccination efforts. Interestingly, the company waited until after President Joe Biden was inaugurated instead of helping out while Donald Trump was still in office. It’s very telling when a company will stand by and watch its native country struggle because its management doesn’t like the president. Q4 2020 […]

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Einhorn: Tesla Short Was Biggest Loser Of Year [2020 Letter]

Greenlight Icahn Enterprises Perilous Times david einhorn david einhorn, reading, valuewalk, internet, investment research, Greenlight Capital, hedge funds, Greenlight Masters, famous hedge fund owners, big value investors, websites, books, reading financials, investment analysis, shortselling, investment conferences, shorting, short bias

David Einhorn’s 2020 letter to investors The Greenlight Capital funds (the “Partnerships”) returned 5.2%1 in 2020 compared to 18.4% for the S&P 500 index. Since its inception in May 1996, Greenlight Capital, L.P. has returned 1,683% cumulatively or 12.4% annualized, both net of fees and expenses. Greenlight’s investors have earned $4.6 billion, net of fees […]

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Coronavirus stimulus check still missing? How and when to ask IRS for Payment Trace

Coronavirus, stimulus check, payment trace

Talks of the third round of stimulus checks have already started, but there are many who haven’t received their second stimulus check yet. It is being reported that those who didn’t get the payment will have to claim it later this year as a tax credit. However, there are two scenarios in which eligible people […]

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Travelers expands aggregate reinsurance, but lifts attachment at Jan renewal

U.S. primary insurance carrier Travelers has successfully renewed its aggregate catastrophe reinsurance treaty at the January 2021 renewal season, with the layer set to provide it with slightly more coverage than last year but at a higher attachment point. As a reminder, Travelers had made a full $280 million recovery from its property catastrophe aggregate…

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