Category: Client News

ETFMG Market Segment Expert in Marijuana Business Daily

Cannabis ETFs post steep declines in line with marijuana stocks, but longer-term prospects appear bright Cannabis-focused exchange-traded funds have emerged over the past few years in the United States, Canada and now Europe, but their recent sharp declines have mirrored tumbling marijuana stocks and made it tougher for some ETF operators to attract investors. Read […]

ETFMG Market Segment Expert in Bond Buyer

Fed cuts rates 50bps to offset coronavirus risks Updated to include commentary and Chair Powell’s remarks at press conference. The Federal Open Market Committee cut the fed funds rate target 50 basis points to a range between 1% and 1.25%, it announced Tuesday. Read more here: https://www.bondbuyer.com/news/fed-cuts-rates-50bps-to-offset-coronavirus-risks

Tortoise's Rob Thummel in S&P Global

Big Oil’s resistance to coronavirus-led price drop set to be tested HIGHLIGHTS Big Oil won’t change plans yet, but US shale projects more exposed Oil majors look in good shape to ride out short-term impact Non-OPEC production won’t face significant impact over next few months London — Oil majors are likely to keep investment plans […]

Tortoise's Rob Thummel in WSJ

Energy Shares Suffer the Most From Coronavirus Fears The sector’s stocks are closely tied to crude prices, and the epidemic has significantly tamped down oil demand Worries about fallout from the coronavirus are pummeling already battered energy stocks, upending a nascent recovery that followed a spate of better-than-expected earnings and dividend increases and signaling the […]

Thornburg Investment Management's Nick Venditti in Bloomberg

Muni Bonds Now Yield Next to Nothing, But Americans Keep Buying Cash keeps flowing in as rally pushes prices to heady levels Yields in secondary market driven by past gains, havens In theory, the swiftly disappearing yields on municipal bonds should be deterring the little buyers like Greg Fazakerley who dominate the $3.8 trillion market. […]

Thornburg Investment Management's Lon Erickson in Bloomberg

Credit Markets Ignore Equity Rally With Fear Gauges Flashing Red CDX widens for eighth day even as equities turn risk-on ‘There is still a fair amount of uncertainty,’ investor says Need a reason to stay cautious? Look no further than the credit markets. Measures of investor fear in the U.S. investment-grade and high-yield corporate bond […]

ETFMG MJ ETF in Marijuana Business Daily

Cannabis ETFs post steep declines in line with marijuana stocks, but longer-term prospects appear bright Cannabis-focused exchange-traded funds have emerged over the past few years in the United States, Canada and now Europe, but their recent sharp declines have mirrored tumbling marijuana stocks and made it tougher for some ETF operators to attract investors. Read […]

ETFMG ETHO ETF in ETF.com

‘E’ Is For Environmental Climate change has become a major concern for many investors, as more people consider the record-breaking summer heatwaves in Europe, massive hurricanes in the Caribbean in the past few years, and the Australian wildfires as more than weather oddities. For many environmental, social and governance (ESG) investors, the “E” is paramount. […]

Thornburg Investment Management's Jason Brady on CNBC

Stock sell-off stretches into day two – here’s what to watch now | Stocks too pricey? – Jason Brady, president of Thornburg Investment Management, said valuations don’t look attractive here. “Cash flow generative companies trading with an attractive yield — those are interesting. Some of the things that folks believe will be cyclical may be less cyclical. JPMorgan is coming out with forecast for 2020 being more challenging. That’s been a tough place to be just lately but banks are going to be less cyclical than they were in 2008, so you got to look at valuations, you got to look at fundamentals. I would just say at these market levels, valuations are not particularly supportive.”

Nancy Tengler in Reuters

Investors eye bleach, food and tissues as virus fears intensify While Wall Street’s broader indexes fell sharply on Monday on concerns about coronavirus, investors turned to some consumer companies as they bet on stock-piling of products such as disinfectants and shelf-stable foods. With virus cases rising in Italy and several Middle Eastern countries dealing with […]

John Kartsonas on Yahoo Finance

Global shipping hit by coronavirus outbreak – The shipping industry is taking a hit from the coronavirus outbreak. The Wall Street journal reports that container ships are leaving Chinese ports as little as 10% full, as operators brace for financial losses. John Kartsonas, Breakwave Advisors Founder & Managing Partner joins Yahoo Finance’s Seana Smith on The Ticker to discuss.

GenTrust's Jim Besaw Reuters

Wall St Week Ahead-Investors bet emerging markets will weather coronavirus impact Investors are edging back into emerging markets, even though worries about the coronavirus’ impact on global economic growth have clouded prospects for the boom-and-bust asset class. Read more here: https://www.reuters.com/article/usa-stocks-weekahead/wall-st-week-ahead-investors-bet-emerging-markets-will-weather-coronavirus-impact-idUSL1N2AE1FI

ETFMG Sam Masucci and MJ ETF in CNBC

Former New York Knick Al Harrington tells ex-players to be patient with cannabis sector Al Harrington, who played 15 seasons in the NBA, is the owner of cannabis company Viola. Despite the sector’s volatile state after a roller coaster 2019, former National Basketball Association forward Al Harrington continues to steer his fellow athletes to invest […]

Thornburg Investment Management's Jeff Klingelhofer on Bloomberg

Scarlet Fu and Romaine Bostick bring you the latest news and analysis leading up to the final minutes and seconds before the closing bell on Wall Street. Today’s show tackles the latest on the coronavirus, U.S. Economic data and Nvidia’s surge Guests Today: Jeff Klingelhofer of Thornburg Investment Management, Jacob Kirkegaard of Peterson Institute, Burns McKinney of Allinz Global Investors, Matt Maley of Miller Tabek (Source: Bloomberg)

Nancy Tengler in The Wall Street Journal

Markets Hover Near Records Despite Growing Coronavirus Outbreak Money managers say they have faith that epidemic will be contained The coronavirus outbreak has closed factories, curbed spending and disrupted supply chains in the world’s second-largest economy. But U.S. stocks have held close to records. The market’s resilience has surprised many money managers, especially given how […]