Why pay high fees?
At the end of each quarter, hedge fund managers who have more than $100 million in assets under management have to reveal their portfolio positions within 45 days as part of their 13F filing to the SEC. The deadline for the third quarter of 2020 reports was November...
Welcome Back to the Good Times
Nearly $45 billion in net inflows rushed toward equity funds this week, reflecting the optimism from resolution in two events that have plagued the market all year - the elections and lack of vaccine. With both these risks out of the way, the markets have begun to...
How a few words wiped out $37 billion
In the midst of a historic election in the US, largely missed by the media was the suspension of the largest ever IPO by a company. The Chinese fintech company - Ant Group was ready to shatter records with a $37 billion IPO on November 5. The Ant Group is led by its...
It’s all about the choices we make in our lives
As the coronavirus soars across the country, charting a single-day record of 99,155 new cases on Friday and surpassing nine million cases nationwide, tracing the path of the pandemic in the United States is no longer simply challenging. It has become nearly...
Woah! Emergency funds now allowed into a 401K
United Parcel Service Inc. announced on Thursday a plan to offer its 100,000 of its workers a way to save for emergencies within its 401(k) plan, becoming one of the largest U.S. employers to join a trend that reflects concern over the impact of workers’ financial...
Are we really in for another 2020 next year?
In the last few days, Johnson & Johnson’s vaccine study was paused after a volunteer got sick and Eli Lilly & Co.’s antibody study was halted enrollment over a safety concern. AstraZeneca Plc’s vaccine has been on hold since early September. Only Pfizer still...
Revisiting the yield curve – do not ignore it this time around
Last year, the yield curve inverted and sent chills down investors’ spines. Since then, we have indeed fallen into a recession, but one driven by the pandemic. Now, the yield curve is showing what else it can do. Currently, bear steepening has taken hold - which means...
Covid finally nails the President and there is no dismissing it anymore
Following a disturbing Presidential debate, Wall Street was bracing for “what else can go wrong?”. The debate itself was akin to watching a car race where the most exciting moments are the carnage. And there was carnage - American carnage - silliness and crass...
No business plan, no problem!
A blank check company is a development stage company that has no specific business plan or purpose or has indicated its business plan is to engage in a merger or acquisition with an unidentified company or companies, other entity, or person. These companies are...