Month: March 2020

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U.S. investors shop for consumer stocks in anticipation of stimulus bill

March 25, 2020 admin Comments Off on U.S. investors shop for consumer stocks in anticipation of stimulus bill

As a $2 trillion relief package makes its way through the U.S. Congress, some investors are finding bargains in consumer discretionary stocks that have been battered in the wake of the coronavirus pandemic. Provisions in the bill aimed at expanding unemployment benefits and supporting industries hit hardest by the pandemic – and thus keeping consumers’ paychecks intact – would provide a boost to the sector, said Brian Jacobsen, a multi-asset strategist at Wells Fargo Asset Management. Nancy Tengler, chief investment officer of Laffer Tengler Investments, said her firm recently bought shares in Chipotle Mexican Grill Inc and off-price retailer TJX …read more […]

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Former Obama economist on $2T stimulus bill: I’m worried it might not be enough

March 25, 2020 admin Comments Off on Former Obama economist on $2T stimulus bill: I’m worried it might not be enough

As the coronavirus continues to impact the economy, Federal Reserve Bank of St. Louis President James Bullard called for strong fiscal stimulus to replace over $2.5 trillion lost due to COVID-19. Former Council of Economic Advisers Chair under Obama & Harvard Economics Professor Jason Furman joins Yahoo Finance’s Zack Guzman and Brian Cheung to discuss. …read more […]

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U.S. set to grant automakers a lifeline — but no bailout

March 25, 2020 admin Comments Off on U.S. set to grant automakers a lifeline — but no bailout

WASHINGTON/DETROIT (Reuters) – The $2 trillion economic rescue package before the U.S. Senate on Wednesday would send the federal government to the auto industry’s rescue for the second time in a dozen years. Automakers are fearful of being tagged as seeking a new government bailout so soon after the 2009 government-funded auto restructurings. Detroit has not sought industry-specific assistance and instead made the case the entire economy needs urgent access to liquidity. …read more […]

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Republic Explains the SEC’s Proposed Crowdfunding Changes and SAFEs

March 25, 2020 admin Comments Off on Republic Explains the SEC’s Proposed Crowdfunding Changes and SAFEs

Earlier this month, the SEC proposed long-awaited rule changes to Regulation CF. Reg CF (the CF stands for crowdfunding) governs how everyday investors can invest in startups – and how startups raise money through certain SEC-registered investment platforms.
The industry has been asking the SEC to make some of these changes for years. And these changes have the potential to reshape the startup investing landscape. They can also be a source of major confusion. Even well-written SEC regulations can be tough to understand. So we asked our friends at Republic to help us better understand what the SEC is proposing.
Republic is …read more […]