coronavirus
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...
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Congress may not be talking about another stimulus checks, but the second-largest tribal nation in the country will soon get more money in direct payments. Nearly 400,000 Cherokee Nation citizens are set to get $2,000 in additional coronavirus stimulus checks. Q1 2021 hedge fund letters, conferences and more More coronavirus stimulus checks for Cherokee Nation citizensLast week, Principal Chief Chuck Hoskin Jr. approved legislation that would give the Oklahoma-based tribe $2,000 in stimulus payment. The payment was approved by the tribe's governing council in a 16-1 vote. Cherokee Nation is th...
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Many Americans would have already received three stimulus checks by now, one last year ($1,200) and two this year ($600 and $1,400). Now, some Californians may qualify for one more round of stimulus checks (popularly called Golden State stimulus checks) of up to $600 as part of the state’s coronavirus relief package. Q1 2021 hedge fund letters, conferences and more Coronavirus stimulus checks: not all Californians qualifyThis one-time stimulus check of up to $600 is part of California's $7.6 billion coronavirus relief package. The stimulus check will be targeted for low-income families in the ...
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Everyone is waiting for the third round of stimulus checks, but as of now, there is no clear timeline for it. House Speaker Nancy Pelosi, however, has come up with sort of a deadline of when people can expect to receive coronavirus stimulus checks. Coronavirus stimulus check: When you may receive itThe next coronavirus stimulus package is expected to cost $1.9 trillion and include $1,400 stimulus checks. So far, it was largely believed that Congress would approve the stimulus package sometime in March. Now, Pelosi has come up with some specific dates on when the stimulus package may get approv...
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Whitney Tilson’s email to investors discussing the decline in GameStop‘s stock and naming it GameStink; the odds of a hard economic landing in the U.S. by 2023 are growing. Q4 2020 hedge fund letters, conferences and more GameStink (GameStop) Declines 90% In Eight Trading Days1) Two weeks ago today, I called the top of the short squeeze bubble – nailing it almost to the hour. In particular, I heaped scorn on GameStop (GME), which hit an intraday high of $483 the next day. Yesterday, the shares hit a low of $46.58 (before closing at $50.31), meaning they declined by a staggering 90% in eight tr...
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Talks are ongoing currently to give Americans another round of stimulus checks. However, there are a few scenarios in which the IRS can ask you to return the coronavirus stimulus checks you got earlier, either full or partially. IRS can ask you to return coronavirus stimulus checkSince the approval of the first stimulus checks by Congress, the IRS has sent out millions of checks to eligible people. However, there are still many who haven’t yet got the stimulus payment even though they are eligible. Such people may have to file taxes to claim their payment. On the other hand, there have also be...
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If you are looking for a time to purchase a house, it may not get much better than this. According to data that was recently released by Freddie Mac, 30-year fixed mortgage rates continue to persist near record lows, around 3 percent. Of course, a lot of this is coming from an economy that is still slow to recover from the coronavirus pandemic. It is important for everyone to understand how this impacts their home buying search, what they should look for, and what this means for the future. How Does Freddie Mac Come Up with Their Data?Just because the data from Freddie Mac indicates that mortg...
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Congress has approved the next coronavirus stimulus package. For the package to become law, President Donald Trump needs to sign it, but he is asking Congress to raise the stimulus check amount to $2,000. In case Trump signs the bill as it is (or just raises the check amount), there are many who may not qualify for the coronavirus stimulus checks this time as well. Q3 2020 hedge fund letters, conferences and more Coronavirus stimulus checks: who may not qualify?Congress approved the $900 billion stimulus package on Monday. This package includes $600 in coronavirus stimulus checks for a single ...
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If Congress somehow manages to reach a deal on a stimulus package before the year’s end, it is very likely that it won’t include stimulus checks. Even if there are no coronavirus stimulus checks, you may still get money from the package in three ways. No coronavirus stimulus checks in next package?Even though many, including President Donald Trump, President-elect Joe Biden and more, have supported calls for more stimulus checks, they are unlikely to be part of the next package. This is bad news for millions of Americans who have been waiting for months for stimulus checks. However, this doesn...
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A stimulus deal before the year end looks highly unlikely now. Yesterday, we reported about a bipartisan effort to break the stimulus logjam. The bipartisan group revealed their $900 billion stimulus package late Tuesday. Senate Majority Leader Mitch McConnell, however, was quick to reject the bipartisan coronavirus stimulus package, dimming hopes of a package and checks before the end of the year.Q3 2020 hedge fund letters, conferences and moreTalks restart, but McConnell reiterates push for targeted billOn Tuesday, McConnell reiterated his push for a “targeted relief bill” this year, and rej...
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