gavinnewsom
It is very unlikely that Congress will approve another round of stimulus checks. This, however, doesn’t mean you won’t get any more direct payments. The IRS is all set to send out the first installment of the expanded child tax credit on July 15. Apart from this, many in California would also get a second coronavirus stimulus check of up to $600. Q1 2021 hedge fund letters, conferences and more Second coronavirus stimulus check from CaliforniaEarlier this week, the California legislature approved several bills, including a proposal to send out another round of Golden State Stimulus Checks. It ...
ValueWalk
There are no signs yet of another federal stimulus check, but a few states are continuing to send out stimulus payments in one way or another. California, which has already proposed giving out a one-time $600 coronavirus stimulus check, is now working on a rent forgiveness program to help low-income families. Q1 2021 hedge fund letters, conferences and more Coronavirus stimulus check but as rent forgiveness programAs per a report from Los Angeles Times, Governor Gavin Newsom and local lawmakers have reached an agreement not only to extend eviction protections, but also pay 100% of the unpaid r...
ValueWalk
A fourth stimulus check may never arrive, but many in California may get another stimulus check soon. Gov. Gavin Newsom, on Monday, unveiled a stimulus plan that extends the Golden State Stimulus payment scheme. Under the new plan, many in California will be eligible to get a $600 coronavirus stimulus check. Q1 2021 hedge fund letters, conferences and more Coronavirus stimulus check for many in CaliforniaAlong with the $600 stimulus check, the new plan also gives a $500 dependent payment. This new plan is part of Newsom’s $100 billion “California Comeback Plan” to help the state recover from t...
ValueWalk
We became extremely bearish on energy in 2011. At the time, we saw interest in Seattle for hybrid and electric cars. This convinced us that 10% of the cars on the road nationwide might be hybrid and electric by 2020. In actuality, only 2% of total unit sales in the U.S. were electric vehicles over the last ten years. We also felt back then that the enthusiasm among investors for emerging markets/China was overblown and would cause oil demand forecasts to fall short of expectations.Q2 2020 hedge fund letters, conferences and moreIt turns out we were wrong, because we were too early in our predi...
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