Plan to save that upcoming stimulus check? You might want to invest What to do with a $1,200 “check” from Uncle Sam? Why, invest it, of course. Stimulus checks have been tried before. The idea is, during times of economic stress, money placed in the pocket of the consumer will spark demand as money is […]
Category: Client News
Nancy Tengler in Bloomberg
In Midst of Chaos, Nasdaq ETF Gets Biggest Inflow in Two Decades Tech megacaps are luring equity investors back into the stock market at a pace not seen in almost two decades on speculation they have a cash bulwark strong enough to withstand the looming recession. Read more here: https://www.bloomberg.com/news/articles/2020-03-20/in-midst-of-chaos-nasdaq-etf-gets-biggest-inflow-in-two-decades
ETFMG Market Segment Expert in Bloomberg
Searching the Rubble of Five Recessions for an Earnings Roadmap It’s no easy task as study shows a wide range of outcomes Question is, where does coronavirus rank among other threats? Trying to find the right price for stocks based on what recessions do to corporate earnings? You’ll need a view on where to rank […]
EquityZen Phil Haslett in Forbes
Nine Tech IPOs That Could Survive The Coronavirus Market Hit With stocks in a bear market, the prospect of an IPO in 2020 may lose its appeal. But some may stick it out despite the coronavirus outbreak, according to pre-IPO stock trading platform EquityZen. Read more here: https://www.forbes.com/sites/kenrickcai/2020/03/17/2020-tech-ipos-coronavirus-market/#316942a2392e
Tortoise's Brian Kessens in Bloomberg
Oil’s 24% Plunge in a Day Signals No End in Sight for Meltdown WTI crude futures deepen decline, Brent drops below $25/barrel Saudis to keep supply at 12.3 million b/d ‘over coming months’ Oil is ensnared in such a crisis that Wednesday’s 24% plunge in New York wasn’t even its worst day this month. Futures […]
Nancy Tengler on CNN
Investment adviser: These are the stocks I’m buying right now – Chief Investment Officer Nancy Tengler of Laffer Tengler Investments explains which stocks and sectors she’s investing in and which she’s avoiding.
Nancy Tengler in The Washington Post
Wall Street seizes up as pandemic-fueled volatility sends Dow into a steep dive The blue-chip index plunges more than 1,300 points, erasing nearly all of its Trump-era gains U.S. economy expected to lose 4.6 million travel-related jobs this year from coronavirus fallout Supermarkets are limiting the number of shoppers at one time. Temperature checks and […]
Thornburg Investment Management's Jason Brady in The Wall Street Journal
Short-Term Bond Market Roiled by Panic Selling Many traders are selling what they can, not what they want to sell Short-term bonds typically act as a haven in turbulent times. But debt maturing in three years or less has been routed in recent days, punishing investors in markets ranging from corporate bonds to asset-backed debt. […]
EquityZen's Phil Haslett in Silicon Valley Business Journal
These 5 Bay Area unicorns may try to go public after COVID-19 market swoon EquityZen, which operates a market for pre-IPO private stock, this week singled out nine unicorns that it believes have the best shot at going public in 2020. Five of them are based in the Bay Area. Read more here: https://www.bizjournals.com/sanjose/news/2020/03/17/these-5-bay-area-unicorns-may-try-to-go-public.html
ETFMG Partner in Fortune
As bailout talk intensifies, cruise ship industry woes stand out in a travel sector battered by the coronavirus How bad is the coronavirus fallout for the travel and leisure industry? Historically bad. But some industry sectors are better positioned than others. Airlines and lodging have the best prospects of recovery, after enduring intense pain. Cruise […]
ETFMG Market Segment Expert on CNBC
Federal Reserve was right to hit the ‘panic button’: Portfolio manager – CNBC’s Kelly Evans discusses markets with Bryce Doty, senior portfolio manager at Sit Investment Associates, Neil Hennessy, chief investment officer and portfolio manager at Hennessy Funds, and Daniel Ahn, chief U.S. economist at BNP Paribas.
Thornburg Investment Management's Jason Brady in Bond Buyer
Fed did its job, analysts say, but markets need more The Federal Open Market Committee lowered the fed funds rate target to between zero and ¼% in an emergency meeting on Sunday, but while analysts say the move was needed, they feel it will take more to offset the effects of COVID-19. “The Fed did […]
ETFMG Market Sector Expert in Axios
Experts see recession, 26% drop for stock market amid coronavirus panic Despite earning praise from Trump, who said it made him “very happy” and that “people in the market should be very thrilled,” the Federal Reserves’s rate cut was followed by more bloodletting in Asian and European markets overnight Monday, as coronavirus panic continued to […]
Thornburg Investment Management's Jason Brady in MarketWatch
10-year Treasury yield sees biggest one-day drop since March 2009 after Fed’s emergency actions Fed announced cut to interest rates to cushion the coronavirus impact Treasury yields traded sharply lower on Monday as investors dove into government paper following the Federal Reserve’s emergency announcement Sunday that it would ramp up its bond-buying purchases and cut […]
Tortoise's Rob Thummel in The Wall Street Journal
After a Long Fall in Oil Prices, a Crash Oil’s plunge has eroded hundreds of billions of dollars in market value from producers globally, fueled speculation about bankruptcies and mergers For Rebecca Babin, the oil crash arrived slowly, then all at once. The senior energy trader at CIBC Private Wealth Management watched crude prices fall […]
Thornburg Investment Management's Di Zhou on TD Ameritrade
Di Zhou discusses Volatility in Identifying Quality Stocks – Market Overtime with Nicole Petallides covers the day’s market action through both the short-term and long-term investment lens. Nicole is joined by experts who provide actionable ideas that will help educate and inform with topics like: Growth vs. Value, Retirement, and Portfolio Protection. Market Overtime highlights buying and selling opportunities, bullish and bearish outlooks on a multitude of stocks and sectors, and goes in depth on strategy risks and rewards.
EquityZen's Phil Haslett in Barron's
Coronavirus Panic Means the End of IPOs. At Least for A While. The coronavirus cancellations and suspensions reached a fever pitch this week: the NBA, the NHL, Major League Baseball, the Coachella music festival, public schools, flights to Europe, political rallies, and my favorite spin class. You can now add initial public offerings to that […]
Tortoise's Rob Thummel in Reuters
Crossing state lines? Oil firms flare Texas gas as investors vent on climate Across the Permian Basin’s high desert landscape, natural gas is going up in smoke even as oil majors including Exxon Mobil and BP pledge cuts in greenhouse gas emissions. Flaring, the deliberate burning of unwanted polluting gas, is rife during oil production […]
Nancy Tengler in CNBC
This is the level to watch in the S&P 500 as stocks touch bear-market territory It’s a tough time to be an investor. The Dow Jones Industrial Average officially entered bear-market territory on Wednesday after a 1,400-point plunge, falling more than 20% below its record closing high made just a few weeks ago in February. […]
Thornburg Investment Management's Jeff Klingelhofer on TD Ameritrade
Jeff Klinkelhofer’s Sector Picks: Gaming – Market Overtime with Nicole Petallides covers the day’s market action through both the short-term and long-term investment lens. Nicole is joined by experts who provide actionable ideas that will help educate and inform with topics like: Growth vs. Value, Retirement, and Portfolio Protection. Market Overtime highlights buying and selling opportunities, bullish and bearish outlooks on a multitude of stocks and sectors, and goes in depth on strategy risks and rewards.
Nancy Tengler on CNBC Trading Nation
Apple could see more pain as supply concerns arise, traders warn – Craig Johnson of Piper Sandler and Nancy Tengler of Laffer Tengler Investments talk Apple as analysts get bearish with CNBC’s Seema Mody.
Nancy Tengler on CNBC
Homebuilders: What may lie ahead amid coronavirus fears and low interest rates – Craig Johnson of Piper Sandler and Nancy Tengler of Laffer Tengler Investments talk homebuilders and their stocks’ prospects with CNBC’s Seema Mody.
Tortoise's Brian Kessens in Yahoo! Finance
Goldman Sachs: Oil prices will stay near $30 for next 6 months amid Saudi-Russia price war Crude oil rebounded slightly on Tuesday after a crash on Sunday night that sent markets reeling Monday. The crash happened after Saudi Arabia dramatically slashed its prices in response to Russia’s refusal to cut its own output, ruining an […]
Thornburg Investment Management's Nick Venditti in WSJ
Some Muni Bonds Are Left Behind in Rush to Safer Investments Investors shy away from debt likely to be affected by coronavirus epidemic, such as travel and hospitality bonds Municipal-bond prices have surged as the potential impact of the novel coronavirus has driven investors into safer assets. But not all bonds have enjoyed the rally, […]
Tortoise's Brian Kessens on Yahoo! Finance
Russia and Opec may ‘be able to come back to the negotiating table’: Tortoise Portfolio Manager – Yahoo Finance Video – Brian Kessens, Tortoise Portfolio Manager, joins On The Move to discuss how the oil sector is faring amid the coronavirus despite Saudi Aramco’s report that it will be able to produce 12 million barrels a day starting on April 1.
ETFMG Market Segment Expert on Bloomberg
‘Trying Not to Panic’: The Collapse in U.S. Markets Spared No One Oil crash ripples through global markets as stocks plummet ‘The volatility overnight was just crazy,’ trader says At 2:30 a.m., Anthony Minopoli popped out of bed to check on markets. The U.S. open was still hours away but Minopoli, who oversees $26 billion […]
Thornburg Investment Management's Matt Burdett in USA Today
4 ways to invest when interest rates are plunging on coronavirus worries Long-term interest rates in the U.S. have tumbled to lows never seen before as concerns about the economic impact of the coronavirus outbreak mount. And the Federal Reserve may cut short-term rates more in the coming months. What’s an investor to do? The […]
Tortoise's Rob Thummel on CNN International
Rob Thummel discusses oil markets with CNN International
Tortoise's Rob Thummel in S&P Global
Oil futures: Prices tumble 30% on open following Saudi Aramco OSP cuts ICE front-month Brent fell $14.25 on the open to $31.02/b NYMEX front-month crude futures fell $11.28 to $30/b on the open Russia, Saudi Arabia, not likely to back down soon: Platts Analytics New York — Crude futures tumbled roughly 30% on the open […]
Tortoise's Rob Thummel in S&P Global
OPEC+ breakdown could cause US shale output to decline Smaller shale operators most at risk Output could drop 3.2 million b/d in worst-case scenario Producers may start cutting capex Houston — The breakdown in OPEC+ negotiations for deeper output cuts in response to reduced oil demand stemming from the COVID-19 virus could send push oil […]