Author: Zito Partners

Jack Morris and Joe Marino to Open the First Standalone Sports Betting Site in New Jersey

Garden State Park to open N.J.’s 1st standalone sports betting site Facility, at former GSP Racetrack, could be open in next 90 days; operator has to be selected Real estate power duo Jack Morris and Joe Marino are opening the first standalone sports betting site in New Jersey at the former Garden State Park Racetrack […]

Nancy Tengler on Bloomberg

Which Industries Benefit From a U.S.-China Trade Deal? – Bloomberg Daybreak: AmericasTV Shows – Liz Young, director of market strategy at BNY Mellon Investment Management, and Nancy Tengler, chief investment strategist at Butcher Joseph Asset Management, discuss the market reaction to a possible U.S.-China trade deal. They speak on “Bloomberg Daybreak: Americas.” (Source: Bloomberg)

ETFMJ in Bloomberg

‘Investing on Steroids’ Pays Off as Thematic ETFs Trounce Market For returns more than triple the stock market average so far this year, look no further than a quirky group of exchange-traded funds that bet on the latest investment fads. The top three performing U.S.-listed, non-leveraged ETFs this year are so-called thematic funds — or […]

Bryce Doty on Yahoo Finance

Federal Reserve to announce plan to end of balance sheet runoff ‘fairly soon’ – Yahoo Finance Video – Federal Reserve Chairman Jerome Powell back on the hill to testify before the House Financial Services Committee. He says the Fed will announce plan to end balance sheet reduction ‘fairly soon’. Sarge986 President Stephen Guilfoyle and Sit Fixed Income Senior VP and Senior Portfolio Manager Bryce Doty joins Yahoo Finance’s Jackie DeAngelis.

EquityZen Report in NY Business Journal

Google, Facebook duopoly will continue to hurt BuzzFeed, Vice and Vox, report says Vice Media, Vox Media and BuzzFeed Inc. will continue to struggle for the foreseeable future. That’s according to New York-based EquityZen. In a report published Wednesday, the fintech firm cited the so-called Google and Facebook “Duopoly” as reasons for the digital media […]

Nancy Tengler Quoted in The Wall Street Journal

Transports Are Rallying but Aren’t Yet Sending ‘An All Clear’ on Economy Shares of airlines, railroads and shipping companies are climbing, a bullish sign the U.S. economy is on strong footing and the broader stock market can continue its recent march higher. Transportation stocks are viewed as a barometer of economic activity because those companies […]

Beazley on Yahoo Finance

A data breach ‘isn’t always a disaster, mishandling it is’ – Yahoo Finance Video – Beazley, a specialty insurance company, has created a new division to help companies prevent and navigate a cyber attack. Paul Bantick, Head of Cyber and Tech at Beazley Group, says “a data breach isn’t always a disaster, mishandling it is.” Yahoo Finance’s Alexis Christoforous speaks to him.

Tortoise's Rob Thummel in Wall Street Journal

Battered Oil Investors Dive Back Into Crude Signs suggest heavyweight producers from OPEC are cutting output and the breakneck expansion in U.S. shale drilling is slowing down Oil investors, their wounds still fresh from last year’s sharp selloff, are again growing bullish on crude. Supporting the confidence of hedge funds and other money managers: signs […]

Brian Kessens in Bloomberg

Oil Bulls Get Bolder as OPEC Cuts Lessen Odds of a Relapse Net-long bets on Brent crude rally rise most since August ‘Risks on the upside much more likely now’: portfolio manager Oil’s bulls are getting bolder. With production cuts orchestrated by OPEC taking hold and U.S. shale drillers promising to curb spending, hedge funds […]

Jack Morris Helps Residents by Deferring Rent Payments

Did You Hear? Multifamily Owner Defers Rent for Residents Impacted by Shutdown A Daily Look at the Movers and Shakers in Commercial Real Estate Jack Morris, president and chief executive of Piscataway, New Jersey-based multifamily developer Edgewood Properties, knows the federal government’s partial shutdown makes it hard for some of his apartment residents to pay […]