Financial
California wildfires continue, firefighters make progress in better weather
Wildfires across California continued their destruction of property in the last day, with now upwards of 1,779 buildings destroyed during the season so far, according to some data sources, but firefighters made some progress in further containing some of the key blazes. When we reported on the main California wildfires yesterday, the figure for buildings…
Read MoreHurricane Laura forecast to significantly strengthen, warnings for catastrophic surge
Hurricane Laura has rapidly intensified overnight reaching strong Category 2 hurricane status with sustained winds of 105 mph and is now expected to “significantly strengthen by forecasters, while some warn of a potentially “catastrophic” storm surge for the Gulf Coast region. The forecast for hurricane Laura remains for a Category 3, or possibly 4, major…
Read MorePanel of IG’s Calls for PPP Loan Transparency
Panel of Inspectors Generals Calls for PPP Loan Transparency Q2 2020 hedge fund letters, conferences and more According to new reporting in the Wall Street Journal, a panel of inspectors general demanded this week that the Small Business Administration (SBA) release information on recipients of Trump’s Paycheck Protection Program (PPP) who received loans of at […]
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Read MoreThe rise of decentralized finance: The new frontier of banking
Imagine a world with a system of open finance, where each one of us can access credit or invest our funds anywhere, anytime, from anyone. This is known as decentralized finance, AKA DeFi, and it’s the new frontier of banking, with US$6.7 billion already locked into DeFi protocols according to DeFi Pulse. Q2 2020 hedge […]
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Read MoreExperts disagree about what Tesla battery day will do to stock
Analysts are generally expecting Tesla’s battery day to be a catalyst for its stock, but not everyone is expecting the shares to rise because of the event. Wedbush analyst Daniel Ives said in a report this week that he expects the battery day to boost Tesla stock alongside the company’s growth story. He raised his […]
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Read MoreThe “Anti-Amazon” Alliance – Amazon Has Finally Met Its Match
If there was a “stock of the century” award, Amazon (AMZN) would be the favorite. Since 2001, AMZN has rocketed above $3,300, turning every $1,000 into just shy of $600,000. Q2 2020 hedge fund letters, conferences and more Obviously, anyone who got into Amazon early and held on is living the high life and deserves a round of […]
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Read More$500 Coronavirus stimulus checks for Montgomery County residents halted
The first coronavirus stimulus checks were approved in March. Since then there have been talks and negotiations on the second checks, but no decision as of yet. In the absence of federal help, some local governments came up with their own stimulus checks. Montgomery County also had plans to issue $500 coronavirus stimulus checks, but […]
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Read MoreSummer Fields Investments 2Q20 Commentary
Summer Fields Investments commentary for the second quarter ended June 2020, discussing that we might have moved to a new bull market. Q2 2020 hedge fund letters, conferences and more Dear Friends, We Might Have Moved To A New Bull Market The last client-wide letter sent was titled “Bear Market Playbook”, and logically, I feel obliged […]
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Read MoreMonthly Dividend Stock In Focus: Oxford Square Capital Corporation
Published on August 25th, 2020 by Nate Parsh Investors looking for high yields might consider buying shares of Business Development Companies, or BDCs for short . These stocks frequently have a higher dividend yield that the broader stock market average. Some BDCs even pay monthly dividends. You can download our full Excel spreadsheet of all…
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