Slack’s Direct Listing Leaves Wall Street Fighting for Fees Banks can still make money when companies skip a traditional IPO, but the spoils go to a select few. Wall Street had good reason to be anxious last year when music streaming company Spotify Technology SA did a so-called direct listing, putting shares on the market […]
Nancy Tengler in USA Today
3 things to watch when you’re buying stocks for the long term Just about anyone can tell you what sways the stock market. “Someone needs to take the president’s phone away,” remarked a D.C. taxi driver. “Stocks have gone up for a long time—they’re due for a slide,” a New York City bellhop confided. “Amazon […]
Jason Brady on CNBC
Tech stocks can be a haven in case of trade tariffs, says market expert – Jason Brady, Thornburg Investment Management, and Richard Weiss, American Century Investments, join ‘The Exchange’ to discuss their market outlook amid trade concerns and U.S.-China tariffs.
Jason Wilson on Yahoo Finance
Yahoo Finance’s Emily McCormick and Zach Guzman discuss investing in cannabis, pending legislation and the future of cannabis with Melius Research Founding Partner Rob Wertheimer, Cowen Managing Director Lisa Thomas and Budding Equity Asset Management’s Jason Wilson.
Rob Thummel in Wall Street Journal
Frackers Scrounge for Cash as Wall Street Closes Doors With traditional financing options dwindling, shale companies explore costlier alternatives Shale drillers are scrambling to raise cash as oil prices plummet and financing from Wall Street dries up. The companies behind the U.S. fracking boom are turning to asset sales, drilling partnerships and other alternative financing […]
Bryce Doty in Bloomberg
Stocks Eye Best Week of 2019 on `Fed Put’ Wagers: Markets Wrap Treasuries rally as weak jobs data spur bets on July Fed cut Trump says ‘good chance’ U.S. will make deal with Mexico U.S. stocks rallied for a fourth day after weak jobs data added to bets the Federal Reserve will cut rates. Treasury […]
Bryce Doty in Wall Street Journal
Fed Likely to Remain Dovish: Analyst Stocks have climbed in recent sessions amid signs that the Federal Reserve might cut interest rates to boost the economy. Bryce Doty, senior vice president and senior portfolio manager at Sit Fixed Income Advisors, said that the implications of May’s weaker-than-expected jobs report for the Fed are dovish. View […]
ETFMG MJ in Bloomberg
Cage-Fighter Sponsored by Pot ETF Issuer in Rare Marketing Move Heavyweight Alexey Oleynik wears ETFMG-branded training gear ‘You hit that group of Average Joe investors,’ executive says The issuer of the world’s largest pot ETF is embracing celebrities’ growing interest in cannabis, sponsoring a UFC fighter nicknamed the Boa Constrictor. In a highly unusual move […]
Thornburg Investment Management's Jason Brady on The Exchange
Expect fewer jobs created in May, says economist – Jason Brady of Thornburg Investment Management, Andres Garcia-Amaya of Zoe Financial and Michelle Meyer of Bank of America discuss the markets and broader economy.
Nancy Tengler on Mornings with Maria
Investors eye tech wreck – Technology stocks took a nosedive over regulatory fears. Tengler Wealth Management chief investment strategist Nancy Tengler with more. She also provides insight into trade talks.
Nancy Tengler on CNBC
Fed should look into rate cut, says strategist – Nancy Tengler of Tengler Wealth Management and Craig Callahan of ICON Advisers discuss markets on CNBC’s “The Exchange.”
Tortoise's Nick Holmes in Bloomberg
Oil Set for Year’s Worst Month as U.S. Glut Adds to Trade Woes Decline in stockpiles just one-fifth of expected withdrawal WTI dropped 3.8% as EIA report adds to U.S.-China tension Oil was on track for its worst monthly loss this year after a smaller-than-expected withdrawal from U.S. storage facilities fueled worries about weakening demand. […]
Thornburg Investment Management's Charlie Wilson in USA Today
Dow, stocks pared losses in afternoon trading after China trade talks end U.S. stocks pared earlier losses in afternoon trading Friday after Treasury Secretary Steven Mnuchin described high-stakes trade talks with the Chinese delegation in Washington as “constructive.” Mnuchin made the remarks to reporters after the negotiations between the two countries ended with no deal. […]
Beazley's Brett Anderson in Risk & Insurance
Make Sure Your Data Recovery Firm Is Acting in Your Best Interests; A Smart Insurer Can Help In mitigating cyber risk, work with an experienced insurance carrier that uses ethical vendors. A recent piece by Pro Publica on the shenanigans of some data recovery firms should have gotten risk managers wondering whether the data recovery […]
Tortoise's James Mick in Reuters
Oil prices drop as trade war worries outweigh supply disruptions Oil prices fell sharply on Wednesday as China signaled it would play the rare earths card in its trade war with the United States, stoking concerns that an ongoing stand-off could hurt crude demand. Supply constraints linked to OPEC output cuts and political tensions in […]
FDNY Foundation raises over $2.6 million to Support FDNY at Annual Dinner
FDNY Foundation raises over $2.6 million to Support FDNY at Annual Dinner On Wednesday, May 22, the FDNY Foundation hosted its 24th annual Humanitarian Awards Dinner at the New York Hilton in Manhattan. This was another very successful year as the event raised over $2.6 million, which supports FDNY fire and life safety education efforts, […]
Bryce Doty on Squawk Box
Tesla’s bonds deserve junk rating, says portfolio manager – Tasha Keeney, analyst at Ark Invest, and Bryce Doty, senior portfolio manager at Sit Fixed Income Advisors, join “Squawk Box” to discuss the latest on Tesla’s tensions.
Tortoise's Rob Thummel in Bloomberg
Oil Tumbles as Swelling U.S. Stockpiles Rekindle Fears of a Glut American crude supplies jumped to highest since July 2017: EIA WTI crude drops more than 3%, extending trade-fueled decline Oil tumbled the most in about three weeks as a report of surging U.S. crude and fuels stockpiles rekindled fears of a glut even as […]
Tortoise's Rob Thummel in Bloomberg
Shale Overhead Costs Under Fire as Investors Drill Even Deeper Producers have cut growth plans, everyday costs now targeted Push comes as stocks continue to underperform broader market U.S. shale producers that have reined in growth plans to mollify investors are now facing increasing pressure to slash their own pay and gut bloated offices. Almost […]
Nancy Tengler's USA Today Column
3 tips to protect your investments, whether you manage your money or hire an adviser Years ago I decided to leave the investment business and return to graduate school. It seemed a good time to hire an investment adviser to oversee our portfolios. But I quickly realized that because of the hefty investment management fee […]
EquityZen in Bloomberg
One Theory Why Lyft, Uber IPOs Flopped: Special Purpose Vehicles SPV investors are locked up and looking for ways to hedge That’s fueled high levels of short selling, especially in Lyft The dismal debuts of Lyft Inc. and Uber Technologies Inc. sparked hand-wringing and a search for scapegoats. One theory gaining ground centers on the […]
Tortoise's Brian Kessens in Barron's
Oil in the U.S. Is Cheaper Than Overseas. That’s Bad News for U.S. Oil Producers Crude oil prices are forking. U.S. crude oil is priced at a near $10 discount to Brent, the international benchmark, the widest gap between the two since October of last year. That spread will create short-term winners and losers across […]
Tortoise's Matt Sallee in Reuters
Bar rises for shale takeovers as Chevron bows out of Anadarko fight Chevron Chief Executive Michael Wirth’s decision to opt out of a bidding war for Anadarko Petroleum Corp has raised the bar for deals, and dampened expectations that oil majors will drive a new wave of consolidation in U.S. shale. Wirth last week ruled […]
Nancy Tengler's Column in USA Today
Dow stock swings are exhausting, but here’s how to survive After 19 years covering the stock market for USA TODAY, Adam Shell gives his best advice on how to successfully invest in the market. USA TODAY Recent stock market volatility was the kind that spooks investors. Massive intraday swings in the Dow Jones industrial average […]
Bryce Doty quoted in MarketWatch
Treasury yields log firm weekly declines amid U.S.-China trade spat Treasury prices mostly edged higher Friday, nudging yields lower, in a bumpy session, as investors digested the Trump administration’s imposition of higher tariffs on $200 billion in Chinese goods and a reading of consumer inflation. Read more here: https://www.marketwatch.com/story/treasury-yields-slip-after-consumer-inflation-report-intensifying-us-china-trade-spat-2019-05-10
EquityZen in CNBC
How Uber loses money – CNBC’s Dierdre Bosa and Atish Davda, EquityZen CEO, join ‘The Exchange’ to discuss Uber’s plan to go IPO on Friday and what they’re expecting to see.
EquityZen Infographic Data in NY Times
Uber Is Going Public: How Today’s Tech I.P.O.s Differ From the Dot-Com Boom When Uber begins trading on Friday, it will cap one of the largest ever tech I.P.O.s and join a crowd of big-name start-ups making their stock market debuts this year. Not since the dot-com boom have so many richly valued tech companies […]
Phil Haslett on Mornings with Maria
What are Uber’s positives for investors despite losses? – EquityZen co-founder Phil Haslett on the outlook for Uber.
Phil Haslett on Bloomberg
EquityZen’s Haslett on Uber IPO, Driver strike, Business Model – Phil Haslett, co-founder and chief revenue officer at EquityZen, discusses the strike today by Uber drivers around the world, the business model of the gig economy, how Uber can differentiate itself from Lyft and Uber’s Asian competitors. He speaks on “Bloomberg Markets: China Open.” (Source: Bloomberg)
Bryce Doty on Mornings with Maria
U.S.-China trade talks: Trump’s negotiating tactics aren’t working, Heritage Foundation trade economist says – Heritage Foundation Trade Economist Tori Whiting and Sit Fixed Income Advisors Senior Vice President Bryce Doty on the Trump administration trade negotiations with China.