[co:author: Craig Stetson, partner with Capital Edge Consulting ]
This is the first in a series of blog posts concerning the audits and investigations related to the contracts and grants awarded, and relief funds provided, in response to the COVID-19 pandemic. As of February 2021, pursuant to the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which created the Paycheck Protection Program (“PPP”) and supplemental funding such as the Families First Coronavirus Response Act, the United States government has made available an estimated four trillion dollars in relief funds to businesses and individuals, and the Biden administration is proposing roughly two trillion dollars more.
Random Thoughts From The Frontline 20January 2021
Please share this article - Go to very top of page, right hand side, for social media buttons.
Let’s jump in.
What Is Fair Value?
Many analysts contend that current stock valuations resemble the dot-com era. You can see it visually at Current Market Valuation. Here are just a few of the many charts on the website.
Let’s start with the classic “Buffett Indicator. It certainly seems to be in nosebleed territory. Notice that the valuations in 1966, the beginning of a long-term bear market, were also high.
Source:
Source:
This next one is unusual: valuation as measured by mean reversion. Mean reversion is the fairly unsophisticated concept that what goes up must come down.
Hilton s Deep Loss and 9 Other Top Travel Stories This Week skift.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skift.com Daily Mail and Mail on Sunday newspapers.
If you re a business owner in Corning s Gaffer District and looking to recoup some expenses related to pandemic-related changes, there is now a new opportunity for a grant.
To embed, copy and paste the code into your website or blog:
Three weeks into the Biden Administration, businesses must prepare for significant changes in regulatory and enforcement priorities. Our White Collar, Government & Internal Investigations Team summarizes the new Administration’s enforcement goals and priorities, contrasts those with the prior Administration’s focus, and forecasts the expected impact across various areas of enforcement.
The effects of new leadership at the EPA, SEC, and HHS
An increased focus on big tech, but will it be soft or sharp?
Continued focus on the COVID-19 pandemic with the CARES Act and PPP
Big Tech