Category: ETFMG

Bryce Doty in Bond Buyer

Powell’s only vow remains to ‘act as appropriate’ Federal Reserve Board Chairman Jerome Powell again pledged the central bank “will act as appropriate to sustain the expansion,” saying there were “no recent precedents to guide” policy decisions. Markets were relieved he didn’t rule out cuts, but disappointed he didn’t suggest more were coming. Read more […]

Bryce Doty quoted in The Wall Street Journal

Stocks Climb on Strong Retail Earnings Investors are awaiting minutes from the Federal Reserve’s latest meeting for clues on interest-rate policy U.S. stocks surged Wednesday after strong earnings reports from retailers eased some fears about slowing economic growth. The Dow Jones Industrial Average and the S&P 500 climbed about 1% apiece shortly after the opening […]

Bryce Doty quoted in MarketWatch

Two-year Treasury yield logs biggest daily rise in five weeks after signs of trade progress Hong Kong, Argentina still provide need for safe haven assets Short-term U.S. Treasury yields jumped on Tuesday after reports of progress in U.S.-China trade negotiations sapped demand for safe assets like bonds. Read more here: https://www.marketwatch.com/story/long-term-treasury-yields-deepen-plunge-to-multiyear-lows-2019-08-13

Bryce Doty quoted in Bond Buyer

Broad-based inflation gains unlikely to repeat While the consumer price index climbed 0.3% in July, as did the core rate, the broad-based increases are unlikely to continue, according to analysts. The Federal Reserve shrugs off single month spikes or drops, and therefore, hasn’t impacted greatly the market’s belief the Fed will again cut rates 25 […]

ETFMG’s MJ ETF on Yahoo Finance

Cannabis short interest higher in July: RPT – Cannabis stocks struggled in the month of July, after a strong start to 2019. Cannabis short interest rose 7% in the month of July, according to S3 Analytics. Partner in the ETF managers Group MJ ETF Jason Wilson and Poseidon Co-Founder Morgan Paxhia joins Yahoo Finance’s Zack Guzman and Emily McCormick, along with Kathryn Tuggle, HerMoney Editor-in-Chief, to discuss.

ETFMG MJ ETF's Jason Wilson in Cannabis Business Times

Going Public: What’s the Best Option for Your Cannabis Business? A primer on IPOs and RTOs for North American cannabis companies. This is Part II of a two-part series on taking your company public. Part I of the series—“Going Public: Are You Ready?” (including a 7-point checklist)—ran in Cannabis Business Times’ July issue. So, you […]

ETFMG's MJ ETF in WSJ

Cannabis ETFs Aren’t the Same ETFMG Alternative Harvest and AdvisorShares Pure Cannabis may track the same industry, but they are quite different in terms of holdings A burning desire for pot stocks may leave unwary cannabis investors with more speculative investments than they realize. Take two exchange-traded funds focused on the cannabis industry: ETFMG Alternative […]

Bryce Doty quoted in Bond Buyer

Fed looks divided on future path The Federal Open Market Committee vowed to “act as appropriate to sustain the expansion,” keeping the federal funds rate target at a range of 2.25% to 2.50% at its two-day meeting. The post-meeting statement no longer includes the word “patient,” though it mentioned “uncertainties” to expectations the expansion will […]

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 […]

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

Bryce Doty quoted in Reuters

TREASURIES-Yields fall on weak inflation data, shrug off GDP reading U.S. Treasury yields fell following Friday’s first-quarter growth report as weak inflation data tempered the strong headline figure. Gross domestic product increased at a 3.2% annualized rate in the first quarter, the Commerce Department said in its advance GDP report released on Friday, versus the […]

Tortoise's Rob Thummel in Bloomberg

Occidental Bids $38 Billion for Anadarko in Plan to Beat Chevron Cash-and-stock proposal values oil producer at $76 per share Occidental says it made three offers to Anadarko since March The first major bidding war has broken out in the Permian. After being rebuffed several times, Occidental Petroleum Corp. on Wednesday made public a $38 […]

MJ ETF Jason Wilson Talks Advancements in Marijuana Legalization

Jason Wilson Talks Advancements in Marijuana Legalization – Morning Trade Live – Kick off the trading day with Oliver Renick as he delivers a unique blend of live market commentary, overnight and foreign markets activity, opening bell and other real-time news. Guests and contributors offer insights and break down the markets from all angles.

Sam Masucci in ft.com

Is cannabis the new bitcoin? Steps to legalise marijuana have some investors hooked Cannabis has long been more associated with reducing rather than inducing anxiety among users. But investing in the burgeoning medical marijuana industry is not for the faint-hearted, according to one proponent. Read more here: https://www.ft.com/content/a85b388a-3eab-11e9-9499-290979c9807a