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Stimulus Checks: Round Three

By: Kristie DeJuliis / Posted on: February 8, 2021

A third round of stimulus checks could be just weeks away from approval. The original forecasted date is March 14th, however on Friday House Speaker, Nancy Pelosi said she aims to pass President Joe Biden’s $1.9 trillion stimulus package in two weeks. While there are still delays that may arise, if a bill were to pass before the end of February, payments could start to arrive as early as March 8th for direct deposit checks. Biden said Friday, “I’m going to act, and I’m going to act fast.”

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Second Stimulus Package

By: Daniel Guttman / Posted on: December 21, 2020

Yesterday, Congressional leaders and Lawmakers reached a nearly $900 billion COVID-19 stimulus deal, including another round of stimulus checks and jobless benefits. After months and months of standoff, Washington has come to agreement just before Christmas where almost 12 million people are set to lose unemployment benefits. The new deal includes $300 to the federal unemployment insurance benefit, extending eviction moratoriums for renters for an unspecified amount of time and $600 direct payment to most Americans.

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Bevy of Bullish News Sends Oil Prices Higher

By: Mike Dombroski / Posted on: October 5, 2020

The oil complex is trading much higher this morning due to a flurry of bullish headlines: increased chances of a federal stimulus package, weaker dollar, oil strikes in Norway, and the development of Tropical Storm Delta.

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Will the Oil Rally Lose Steam?

By: Mike Dombroski / Posted on: August 12, 2020

Ever since WTI crude oil prices broke out above the $32/barrel level in May, we have been on a steady grind higher. The question is, will this continue?

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Times Up!

By: Pam Corn / Posted on: August 7, 2020

It’s been one week since the $600 unemployment stimulus ran out for many jobless Americans. In my blog, “Time is Running Out,” I discussed how Congress was working to put together a bill that extend these benefits and yet we still do not have a bill as partisanship persists.

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Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.

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