Richard Schimbor is responsible for assisting in all phases of the equity research process, including model construction, news and event tracking, and research projects. Richard began his career at Falcon Point Capital, a long-short hedge fund in San Francisco. Most recently Richard served as an Assistant Vice President at U.S. Bancorp. Richard has held internships in equity research with Trust Company of the West and Dalton Investments. Richard received a B.A. in Economics with Highest Honors from the University of California, Berkeley and an M.B.A from the UCLA Anderson School of Management. Richard has been with the firm since 2016.
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(Friday, August 7, 2020; 8:30 p.m. EST) Confirming a recovery is under way and the recession is ending, the U.S. Labor Department reports 1.76 million net new jobs were created in July and the rate of unemployment dropped to 10.2%.