Search Results for “palo alto” – Page 34 – Slope of Hope with Tim Knight

Imperceptible

By Tim Knight - 4 years ago (14, Aug 2020 5:57:20 AM)

Mornin’, everyone.

It’s another pitch-black pre-dawn here in bucolic Palo Alto. We find ourselves at the end of yet another trading week, with the indexes, by and large, spoon-feeding the bulls, as codified by Dual Mandate. Yet hope springs eternal, particularly here in the hallowed halls of Slope.

The first thing I’d note is that the US dollar continues to grind its way lower against the Yen. Oddly, the prospects of an island-nation of senior citizens apparently beats the pants off our once-great Republic. The move is slow, but seems resolute. I believe this will be important.

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Hot Air

By Tim Knight - 4 years ago (25, Jul 2020 11:24:38 AM)

Those of you who have read my work for any meaningful length of time probably know by now that I tend to think in metaphors, analogs, and allegories. Perhaps it goes with being a visual thinker.

The truth is, I think about Slope and the topics therein almost constantly. When I swim, I am incessantly tumbling over ideas related to Slope (not just its features, but also the subjects we discuss). Sometimes I’ll try to work my thoughts out on paper, as I did here recently, and have been doing for days:

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Beyond the Pale

By Tim Knight - 4 years ago (13, Jul 2020 10:26:31 AM)

If there’s one place you would think the coolest, hippest, newest “thing” would get swarms of attention, it’s the Palo Alto Whole Foods. I visit there two or three times a week, and it occurred to me I never saw the darling of the stock market (for a while, at least) Beyond Meat. I finally found it hiding in the same obscure section as Miso and Kimchi. Here’s my photo:

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Hedge Funds & the PPP

By jwolinsky - 4 years ago (09, Jul 2020 2:23:22 PM)

Note from Tim: as a reminder, I put together a spreadsheet of Palo Alto firms that got over $150,000 in PPP loans. Check it out here. If you don’t have an AirTable account, it’ll ask you to sign up for free.

I had noted a few months ago that many of these firms getting the PPP loans were not ‘in the spirit’ of the program.

Without any real ‘oversight’ the compliance part of these loans seems – – – questionable — on some. I am not sure how it all really works, but the American public likely believes these funds should have gone to the ‘small business’, with waiters, waitresses, or bartenders who obviously couldn’t work. This was the spirit of the PPP program.

And, there are others – the people at the gyms and yoga studios. At the nail salon and corner barber shops. There are many, many businesses, and it seems everyone has a hardship story.

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I Need to PPP

By Tim Knight - 4 years ago (07, Jul 2020 8:57:59 AM)

You’ve probably read that on Monday the SBA released all the data related to the Paycheck Protection Program (PPP). Everyone who got under $150,000 in loans was anonymous, while all those $150,000 and over were named. (Side Note: just to show how psychotic I am, I stayed up Monday night and put this together of all the Palo Alto PPP recipients. Enjoy).

Even though this program was ostensibly to help out small businesses, quite a number of the firms served are relatively larger, public companies. I have been sifting through the monstrous amount of data, and it’s quite fascinating. For instance, I found 1,351 different companies in my little town of Palo Alto received PPP loans. Only 50,000 people live here in the first place!

Anyway, I put together a list of the largest public companies that got PPP loans, which is the downloadable text file below. You can use this in conjunction with the SlopeCharts import function if you’d like to check out the charts of the firms that saw a need to get an emergency loan.

Here are the biggest public PPP borrowersDownload