Author: Zito Partners

Tortoise's Nick Holmes in Bloomberg

Oil Gains as Russia, Saudis Signal Commitment to Production Cuts Minister says Russia will hit OPEC+ output target by April Crude shrugs off bearish U.S. data to rally late in session Oil closed higher for the second straight day as Russia and Saudi Arabia signaled they’re on track with production cuts designed to avoid a […]

Jack Morris in ROI-NJ

Jack Morris, owner of 3K-plus multifamily units in N.J., says residents who are federal employees can defer rent payment Jack Morris, the founder, CEO and president of Piscataway-based Edgewood Properties, on Wednesday sent a letter to all of the renters of his multifamily properties, saying the company will defer any rent payments for anyone who […]

Rob Thummel in S&P Global

Producers weigh DUC production at $50/b oil Highlights Market mixed if higher or lower price needed Platts: $50/b oil enough to bring production DUC decisions also hinge on takeaway ability Houston — The volume of drilled but unproduced wells continues to build across the US to record levels, but market sentiment is mixed on whether […]

Tortoise's Rob Thummel quoted in The Wall Street Journal

Fears Loomed Large in Oil’s Worst Quarter Since 2014 The U.S. crude benchmark finished the year 25% lower after a slump that shaved $30 off oil prices The oil market is engulfed by fears of a global growth slowdown, as worries grow that falling demand and robust output from major producers will lead to a […]

Tengler Wealth Management's Chief Investment Strategist in Bloomberg

What Investment Advisers Are Saying On the Dow’s 871-Point Bounce S&P 500 jumps 3.8% from its lows in frenzy of late-day buying The last hour of trading is ‘where professional money is’ Wall Street mouths were again agape at the sight of frantic moves in equities. The S&P 500 climbed 3.8 percent from its lows, […]

Merry Christmas and Happy Holidays from Zito Partners

The amazing photographer — and our good friend — Jim Salzano used his phone to shoot this image of Manhattan’s Grace Church in October.
It immediately made us think of the holidays, and how fortunate we are.
Fortunate to have great families…a great team to work with…great partners…and great clients.
That light — while, yes, a streetlight — reminds us that there’s always a light at the end of the tunnel…no matter how bleak things can look.

Frank Libutti shares his thoughts on President George H.W. Bush

Remembering President George H.W. Bush Like many Americans, I was deeply saddened by the passing of United States President H.W. Bush, a man I had the good fortune of having spent time with on several occasions while I served in the Marine Corps. President Bush “41” represented all the qualities of a great leader…integrity, wisdom, […]

ETFMG's Sam Masucci on Bloomberg

Drilling Down Into the Biggest Pot ETF – Bloomberg’s Eric Balchunas and Scarlet Fu break down the ETFMG Alternative Harvest ETF (ticker: MJ), and discuss the fund with Sam Masucci, the chief executive officer of the ETF Managers Group. MJ is the biggest marijuana ETF, and tracks companies likely to benefit from the increasing global acceptance of various uses of the cannabis plant. (Source: Bloomberg)

Tortoise's Graham Allen discusses Brexit on InvestmentEurope

Tortoise podcast: May, the condemned prisoner Tortoise senior portfolio manager Graham Allen has likened UK prime minister Theresa May to a “condemned prisoner choosing their method of execution” in his latest podcast outlining the options now facing the country on the matter of Brexit. Click here to listen to the podcast.