The Impact of Trade Tension, Fed Comments on The Markets – It was a wild day on Wall Street. We spoke to Bryce Doty, Senior Vice President, SIT investment Associates about how tariffs on $75 billion worth of U.S. goods and comments from the Fed Chair, Jerome Powell impacted the markets.
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 on Yahoo Finance
The trade war continues with no deal in sight – Yahoo Finance’s Dan Roberts, Scott Gamm, and Anjalee Khemlani were joined by Bryce Doty of Sit Investment Associates, to talk developments in the trade negotiations between the U.S. and China.
Bryce Doty on Mornings with Maria
How should investors allocate their portfolio in this uncertain market? – Wells Fargo Investment Institute’s Darrell Cronk and Sit Fixed Income Advisors Senior Vice President Bryce Doty on the state of the retail sector, concerns about the U.S. economic outlook and how to invest in this market environment.
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 in Yahoo Finance
Cannabis short sellers add $169 million against top marijuana companies in July The hot start cannabis companies enjoyed to 2019 fizzled out in July, and short sellers jumped at the opportunity to add to their bets that the trend will continue, according to a new report. Last month, net short positions in the cannabis space […]
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 […]
Art Amador Talks AI Powered Equity ETF
Art Amador Talks AI Powered Equity ETF on TD Ameritrade
ETFMG's GAMR ETF in The New York Times
Investors Use Indexes to Play in the Video Game Business Video gaming has gone from an activity conducted in arcades, dens and rec rooms to a mobile phenomenon where players meet, live and play in virtual space. But it’s hard for investors to know where the best opportunities are. Investors have done very well recently […]
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 […]
ETFMG's Sam Masucci on CNBC Squawk Box
Here’s what’s driving the cannabis sector going forward – Canopy Growth co-CEO Bruce Linton was ousted from the company on Wednesday, which led the stock to dip on the news but rally within a few hours. Sam Masucci, CEO and founder of ETF Managers Group, joins “Squawk Box” to discuss the state of cannabis confidence.
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 on CNBC
Not enough evidence for Fed to cut rates in June or July: Art Hogan – Art Hogan of Nash Securities and Bryce Doty of Sit Investment Associates join CNBC’s “The Exchange” to discuss the markets.
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.
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 […]
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.
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 Bloomberg
Pot ETFs Make Millions From Short Sellers for Year’s Best Gains Two largest cannabis funds have surged over 45 percent in 2019 Lending out shares in companies they own has boosted returns Exchange-traded funds that invest in cannabis companies are hitting the jackpot with a little help from short sellers. The two largest pot ETFs […]
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
