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Crypto Daily Report – June 29
This document is being provided publicly in the following form. Please subscribe to FSInsight.com for more. Members Area Crypto Daily Crypto Daily Report – June 29 Crypto Daily Crypto Daily Report – June 29 June 29 FSInsight Team Crypto Daily Report The Most Important Daily Data for Digital Assets Daily Analysis from FSInsight June 29, 2021 Crypto prices continued to climb through Tuesday morning as BTC and ETH reached $35,600 and $2,200, respectively, at the time of writing, representing respective increases of 4% and 8% from 24 hours prior. As we noted in our Crypto Flash yesterday evening, prices are showing some resiliency in the face of bad news, and this trend reversal possibly reflects some seller exhaustion in the market. TP ICAP, the world's largest interdealer broker, is launching a crypto trading platform for institutional clients. The company will partner with custodial service providers Fidelity Digital Assets and Zodia Custody and liquidity provider Flow Traders to bring the offering to market. According to an SEC filing, Morgan Stanley has purchased 28,289 shares of the Grayscale Bitcoin Trust (GBTC) via its Europe Opportunity Fund valued at approximately $1.3 million at the time of filing. Not only did Cathie Wood of ARK Investment Management buy the BTC dip, but she and her firm also filed an application with the SEC for a Bitcoin ETF, adding to the growing chorus of US investors calling for a Bitcoin ETF approval. According to the filing, ARK will partner with 21Shares to launch the fund. Daily Important Metrics CRYPTO -
Reality Check Tesla, Inc
Reality Check Tesla, Inc. NASDAQ: TSLA January 7, 2020 Author Aaron Greenspan Disclosures PlainSite affiliates own TSLA put options. Legal Notices Copyright © 2019-2020 Think Computer Corporation. All Rights Reserved. PlainSite is a registered trademark of Think Computer Corporation. This report is not legal or investment advice. Trade at your own risk. About PlainSite® PlainSite is a legal research initiative jointly run by Think Computer Corporation, a for-profit computer software company, and Think Computer Foundation, a 501(c)(3) non-profit organization. The PlainSite website at https://www.plainsite.org hosts information regarding over twelve million court dockets, as well as millions of documents and government records from federal and state entities. Think Computer Foundation, which also sponsors activities for individuals with disabilities in the Cleveland area, is funded in part by donations from Think Computer Corporation. Visit the Tesla, Inc. PlainSite profile at https://www.plainsite.org/profiles/tesla-inc/. Read our other Reality Check reports at http://www.plainsite.org/realitycheck/. Contact For PlainSite Pro Investor paid early access to future reports, questions, or comments, contact us by e-mail at [email protected]. Executive Summary Tesla, Inc. (NASDAQ: TSLA), a manufacturer of electric vehicles and solar panels, is widely regarded as an American clean energy success story. Its market capitalization has exceeded $80 billion at its peak, and it operates factories in California, Nevada, New York and China. Yet recently released docu- TSLA Price Per Share ments obtained by PlainSite affiliate Think Com- $450.00 puter Foundation reveal that the entire company $400.00 is at this point built on a massive, multi-billion dollar $350.00 fraud orchestrated by its CEO, Elon Musk, who for $300.00 years has gone to extreme lengths to conceal his $250.00 unlawful acts from shareholders. -
The Hedge June 2021
June 2021 A Brodie Consulting publication in conjunction with RQC Group Record year continues $1.1 billion 9.9% May was the eighth consecutive month of positive performance for hedge funds, as the Ruffer’s profit on HFRI Fund Weighted HFRI Fund Weight Composite (FWC) gained 1.7% and the Investable HFRI 500 Weighted November 2020 Composite Composite Index 1.5%. Year-to-date they are up bitcoin investment performance YTD 9.9% and 8.9% respectively. According to Kenneth J. Heinz, President of HFR, this has been the “strongest start since 1996.” Insurers prefer PE Macro funds were the best performing of The most recent Goldman Sachs private equity, compared with 5% the FWC funds, up 2.3%, with discretionary insurance investor survey finds to hedge funds, whilst 6% said managers outperforming systematic insurers are more interested in they are looking to cut hedge (Discretionary Thematic Index +3.7% vs private equity than hedge fund fund allocations. Systematic Diversified Index +2.0%). investing. The same survey also revealed Equity was more of a mixed bag, for although The survey, which is now in its that risk appetite in the insurance the HFRI Equity Hedge (Total) Index was up tenth year and represents around community remains above 1.5%, led by Energy/ Basic Materials up 3.1%, $13 trillion in assets, found private average and a particularly high Healthcare was down 1.8%. equity to be the most popular interest in ESG matters, with 83% In Event Driven, Credit Arbitrage struggled in asset class, followed by middle of respondents saying that they May, with the index down 4.0% and Distressed/ market corporate loans and are taking this into consideration Restructuring up 2.5%. -
September 12, 2019 State of Michigan Retirement System Quarterly Investment Review
STATE OF MICHIGAN INVESTMENT BOARD MEETING September 12, 2019 State of Michigan Retirement System Quarterly Investment Review Rachael Eubanks, State Treasurer Prepared by Bureau of Investments Michigan Department of Treasury STATE OF MICHIGAN INVESTMENT BOARD MEETING SEPTEMBER 12, 2019 Agenda 9:30 a.m. Call to Order and Opening Remarks 9:35 a.m. Approval of the 6/6/2019 SMIB Meeting Minutes 9:40 a.m. Executive Summary & Performance for Periods Ending 6/30/19 9:45 a.m. Current Asset Allocation Review Markets Review and Outlook 10:00 a.m. Guest Speaker: Cathie Wood, CEO - ARK Invest 10:45 a.m. Review of Investment Reports Domestic Equity Private Equity International Equity – Receive and File Real & Opportunistic Return – Receive and File Real Estate & Infrastructure – Receive and File Fixed Income – Receive and File Absolute Return – Receive and File Defined Contribution – Receive and File Basket Clause – Receive and File 11:00 a.m. Public Comment Closing Remarks ~ Adjournment 2019 Meeting Schedule Thursday, December 19, 2019 2020 Meeting Schedule Thursday, March 12, 2020 Thursday, June 11, 2020 Thursday, September 10, 2020 Thursday, December 10, 2020 All meetings start at 9:30 a.m. www.michigan.gov/treasury State of Michigan Retirement System MINUTES State of Michigan Investment Board Meeting September 12, 2019 Jon M. Braeutigam Chief Investment Officer Bureau of Investments STATE OF MICHIGAN INVESTMENT BOARD June 6, 2019 Meeting Minutes Members Present: Chairman – Treasurer Rachael Eubanks (9:40 am) Mr. Chris Kolb (9:40 am) Ms. -
Aerospace and Related Technologies Update – Spring 2021
April 20, 2021 AEROSPACE AND RELATED TECHNOLOGIES UPDATE – SPRING 2021 To Our Clients and Friends: This April 2021 edition of Gibson Dunn’s Aerospace and Related Technologies Update discusses newsworthy developments, trends, and key decisions from 2020 and early 2021 that are of interest to companies in the aerospace, space, defense, satellite, and drone sectors as well as the financial, technological, and other institutions that support them. This update addresses the following subjects: (1) commercial unmanned aircraft systems, or drones; (2) recent government contracts decisions involving companies in the aerospace and defense industry; and (3) the commercial space sector. ___________________ TABLE OF CONTENTS I. Unmanned Aircraft Systems A. New Rules Remote ID B. Flight Over People, Over Vehicles, or at Night C. Continued Lack of Clarity on Airspace D. Newsworthy FAA Approvals E. COVID-19 and Use of Drones II. Government Contracts III. Space A. First Private Human Space Launch B. Noteworthy Space Achievements in Countries Other than the United States C. Other Noteworthy Space Developments D. NASA’s Perseverance Rover, Past Updates, and Future Plans E. Record-Setting Private investment F. Satellite Internet Constellations G. Expected Impact of Biden Administration ___________________ I. Unmanned Aircraft Systems A. New Rules Remote ID On December 28, 2020, the FAA released final rules regarding the Remote Identification of Unmanned Aircraft (“Remote ID”) and operations at night.[1] These rules, published in the Federal Register on January 15, 2021,[2] require that certain unmanned aircraft (“drones”) broadcast their identification and location during operation. The final rules reflect the FAA’s attempt to balance the competing interests in the federal airspace between commercial operators, hobbyists, law enforcement, and the general public. -
Q2 & July ETF Commentary
JULY 2021 & QUARTER-END REPORT EMERGE ARK ETFs 26 Wellington Street East, Suite 901, Toronto, ON M5E 1S2 [email protected] | 1.833.363.7432 | emergecm.ca Emerge ARK ETF Market Commentary: In the last year, we have seen the global economy rebound from one of the shortest and worst recessions on record, significantly affecting the growth sector. Fortunately, we have witnessed an incredible recovery due to multiple unprecedented conditions, including the highest consumer savings rate in history and the largest fiscal stimulus package in the U.S., paired with monetary easing. These conditions have righted the economy with GDP back on its pre-COVID path. The question the market faces now is whether or not the growth and recovery are sustainable. Due to the fact, consumers have money to spend, corporate capital spending, and inflation fears are beginning to dwindle. The average household income has been bolstered by stimulus packages and unemployment benefits have created more money in the pockets of consumers. This aligning with the reopening of the economy allows for the surge in consumer spending. As we move into the post- pandemic recovery corporations will begin investing again. According to Morgan Stanley economists, the global investment could reach 115% and 121% of pre-recession levels, by the end of 2021 and 2022 (1). Finally, it is becoming evident the inflation fears of May were overblown. There are many factors that go into the calculation of inflation and most of the categories such as used cars, airplane tickets, and hotel rooms have been subject to temporary supply constraints.