Category: ETFMG

10-year Treasury yield hair’s breadth away from key 1.60% level amid coronavirus spread Treasury yields retreated on Monday, amid a rising death toll from the coronavirus in China, along with the escalating number of cases, which has spurred demand for assets perceived as havens like government paper. Read more here: https://www.marketwatch.com/story/10-year-treasury-yield-extends-slide-to-3-12-month-low-amid-coronavirus-spread-2020-01-27

Will coronavirus make the Fed sick? Just when everyone thought there would be little drama at this week’s Federal Open Market Committee meeting, the coronavirus has infected the broader markets. Experts still say monetary policy will be immune for now. “Although the coronavirus news rightly has everyone worried, I doubt the FOMC will make it […]

Treasury’s 20-Year Bond Opens a Chasm in Supply Outlooks Annual forecasts range from $116 billion to $192 billion Some strategists say 10- and 30-year could face steep cuts Taken by surprise by the U.S. Treasury’s plan to resume selling 20-year bonds, Wall Street dealers now have to guess how much of the debt to expect […]

Worst is over or ‘dead cat bounce’? What to make of the almost 20% rally in cannabis stocks Some think pot stocks are finally priced right This week’s bounce in pot stocks — the first in at least two months — could be the start of a renewed bullish run, some portfolio managers believe, as […]

2020 Outlook for Cannabis Stocks – Pot stocks have no been friendly to investors in 2019. With sky-high expectations from Wall Street, popular companies such as Aurora Cannabis, Canopy Growth, and Tilray all failed to live up to the hype. Jason Wilson, Cannabis Research and Banking Expert at ETFMG, joined Cheddar to discuss what the cannabis landscape will look like next year.

The repo market is ‘broken’ and Fed injections are not a lasting solution, market pros warn Banks prefer to keep money at Fed instead of lending to other banks The Federal Reserve’s ongoing efforts to shore up the short-term “repo” lending markets have begun to rattle some market experts. The New York Federal Reserve has […]

Will data force Fed to discuss more cuts? Wednesday brought more bad news for the economy, with downside surprises in the ADP employment number and the Institute for Supply Management’s non-manufacturing index. If Friday’s employment report also missed forecasts, another rate cut may be discussed when the Federal Reserve meets this month. ADP said private-sector […]

In Zero-Fee Era, Wrestlers and Astronauts Help Funds Fight Back ETF issuers need to stand out in market ruled by three firms Tactics include advertising gimmicks, and taking to Twitter Smaller asset managers are getting creative as they look to take the fight to the likes of BlackRock. Meet the Boa Constrictor. The UFC heavyweight […]

FDA Warning Letters Highlight CBD Industry’s Wild West Attitude The Food and Drug Administration on Monday issued warning letters to 15 companies for illegally selling products containing Cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act. The FDA also released a revised Consumer Update detailing its new safety concerns about CBD […]

Now Finding An ESG ETF Or Mutual Fund Is Easier Than Ever Investing to bring about positive change on issues like climate change, gun control and gender diversity at work is moving into the mainstream in the mutual fund and ETF world. Today there are many ESG funds that let investors reach for profits without […]

FOMC minutes: Downside risks justified cut, then hold Potential downside risks from “global developments” persuaded most members of the Federal Open Market Committee to vote to cut the benchmark interest rate in October, and then to hold it. “A couple” of members who supported one last cut, to a range of 1.50% to 1.75%, termed […]

Cannabis stocks soar across the board as historic House vote lures investors back to battered sector Vote is just the first step in what is likely to be a lengthy process, according to partner in cannabis ETF MJ Cannabis stocks rallied across the board Thursday, as investors returned to the beaten-down-sector with a fresh enthusiasm, […]

How this ETF targets the mobile payments industry – IPAY is the first, and only, ETF to invest in pure play mobile payments companies. Sam Masucci, CEO of ETF Managers Group, joins Akiko Fujita on The Ticker to discuss growth opportunities in the global mobile payment market.

How to lose half your money: Buy Canada’s pioneering pot ETF on legalization day The day Canada legalized marijuana, the Horizons Marijuana Life Sciences Index ETF was the world’s first and largest investment fund in cannabis stocks. Exactly one year later, it is far from the biggest, and its returns are the worst. The fund, […]

Cannabis stocks have flamed out this year This was the year when cannabis stocks were supposed to take off. But shares of all the major pot stocks are down, despite hype about the legalization of recreational marijuana in Canada and some US states. The signing of the Farm Bill by President Trump last fall, which […]

This is an ‘opportune’ time for the Fed to hold rate cuts: Natixis chief economist – Joe LaVorgna, Natixis Americas chief economist, Bryce Doty, Sit Fixed Income, and Chris Zaccarelli, Independent Advisor Alliance, join “The Exchange” to discuss the Fed’s next move.

Solid employment report won’t derail Fed rate cut The markets will be soothed by September non-farm payrolls that rose 136,000 while the unemployment rate sank to 3.5%, its lowest level since December 1969. Read more here: https://www.bondbuyer.com/news/solid-employment-report-wont-derail-fed-rate-cut

Will The SAFE Act Benefit Marijuana ETFs? Last week, the U.S. House of Representatives voted 321-103 to pass the SAFE Banking Act, a measure aimed at bringing banking and financial services used by cannabis companies and dispensary operators out of the shadows and into the mainstream. What Happened It was a rare display of bipartisanship […]

Commentary Fed can’t fix repo market by printing money By Bryce Doty On Tuesday, the New York Fed provided only $30 billion of 14-day financing despite more than $60 billion in demand. The N.Y. Fed also provided $75 billion in overnight lending that came close to meeting the $80 billion in demand. These actions are […]