Industrials rally could continue, says investing pro – Katie Stockton of Fairlead Strategies and Nancy Tengler of Tengler Wealth Management discuss the industrial stocks that are rallying on a possible phase one trade deal between the U.S.-China being reached with CNBC’s Mike Santoli.
SEC Pitches Huge Ad Rule Overhaul Wealth management pros are welcoming the SEC’s proposed new rule for financial advisor advertising, which will allow advisors to use testimonials, endorsements and third-party ratings to woo clients, as long as they meet certain conditions. The existing rule, adopted in 1961, prohibits testimonials and does not address endorsements or […]
Investors seek to cash in on Airbnb Group valued at up to $42bn by those seeking indirect stakes ahead of planned IPO Airbnb is being valued at up to $42bn by investors trying to buy indirect stakes ahead of the company’s planned public listing next year. Venture capitalists in Silicon Valley and private market brokers […]
Oil Falls as OPEC Delegates Not Pushing For Deeper Output Cuts Coalition leaning toward pressing for better compliance Trump, Xi meeting to sign deal could be delayed to December Oil fell after a report that the biggest producers in OPEC+ aren’t pushing for deeper oil-supply cuts when the group meets next month. Futures in New […]
Softbank reports loss led by WeWork, causing investors to give more ‘scrutiny’ to companies – Softbank is in the hot seat after reporting its first loss in nearly 14 years. Brianne Lynch, Senior Business Development Associate at EquityZen, joins Yahoo Finance’s On The Move to discuss WeWork, Uber, among other IPOs. EquityZen provides a secondary marketplace for pre-IPO shares and has worked with half of all unicorns.
U.S. Stocks Outpacing the Rest of the World Steady consumer spending, strength in the labor market keep supporting U.S. stocks despite fears of a recession Global stocks are lagging behind U.S. shares, illustrating how investors’ faith in the domestic economy continues to drive a growing divergence in financial markets. After rising to a fresh record […]
North Carolina-based firm acquires $600M RIA founded by Arthur Laffer Mr. Laffer was the creator of the Laffer Curve, which was popularized in the 1970s ButcherJoseph Financial Holdings, an affiliate of the Charlotte, N.C.-based investment banking firm ButcherJoseph & Co., has acquired Laffer Investments Inc., a Nashville, Tenn.-based RIA managing $600 million. Read more here: […]
Apple is committed to services for the long haul: CNET executive editor – Roger Cheng, CNET executive editor, and Nancy Tengler, Tengler Wealth Management, join ‘The Exchange’ to discuss what’s in store for Apple’s future after the company announced earnings on Wednesday.
Both China and US are impacted by declining trade, unclear who yells uncle first: Thornburg CEO –
Jason Brady, Thornburg Investment Management, and Jason Trennert, Strategas Research Partners, join ‘The Exchange’ to discuss the state of the market and the impact of the trade war.
Oil Falls After Bigger-Than-Expected U.S. Crude Stockpile Build Inventories at key U.S. storage hub rose for fourth week APEC summit cancellation casts doubt on U.S.-China trade deal Oil fell after a U.S. government report showed a bigger-than-expected build in domestic crude supplies and Chile canceled a summit where President Donald Trump was expected to sign […]
How this ETF targets the mobile payments industry – IPAY is the first, and only, ETF to invest in pure play mobile payments companies. Sam Masucci, CEO of ETF Managers Group, joins Akiko Fujita on The Ticker to discuss growth opportunities in the global mobile payment market.
Beyond Meat Shares Slide as Lockup Expires, Analysts Cut Price Targets – Phil Haslett, co-founder and chief revenue officer at EquityZen, discusses the expiration of a shareholder lockup for Beyond Meat Inc. in the wake of third-quarter results. He speaks on “Bloomberg Daybreak: Americas.”
Why Frontier Markets Hold Promise, with an Asterisk Political unrest still can upend otherwise impressive growth in places like Kenya and Sri Lanka. Far-away places with strange-sounding names, many you barely know. That embodies frontier markets, the little brothers and sisters of emerging markets like India. And boy, frontier countries can be risky. The potential […]
Global insurers face quiet strain from hacker ransom demands Global insurers that cover cyberattacks are facing more claims related to ransom-demanding hackers who cripple businesses’ technology systems, and only stop after receiving substantial payments. Read more here: https://www.reuters.com/article/us-usa-ransomware-insurance/global-insurers-face-quiet-strain-from-hacker-ransom-demands-idUSKBN1X41E3
Cities Warned Not to Rely on Cyber Insurance Alone Insurers won’t cover claims if municipalities don’t take basic cybersecurity precautions, association says Cities and towns across the U.S. are taking out cyber insurance or considering it, but experts warn that coverage can’t substitute for effective security. Read more here: https://www.wsj.com/articles/cities-warned-not-to-rely-on-cyber-insurance-alone-11571995801
Concerns remain as latest repo operation brings in $50B New questions about the short-term market arose as the latest repurchase agreement operation (repo) from the Federal Reserve Bank of New York intervened in the market Wednesday, accepting $49.854 billion in bids from primary dealers. Read more here: https://www.bondbuyer.com/news/concerns-remain-as-latest-repo-operation-brings-in-50b
Economy doesn’t need more Fed stimulus, Sit Investment’s Doty says – Bryce Doty, SIT Fixed Income Advisors, and Art Hogan, National Securities, joins ‘The Exchange’ to discuss the state of the markets during this earnings season and what should be the Fed’s next move.
How an Emerging Market Fund Handles Volatility to Come Out Ahead Training as an earthquake seismologist “dovetails quite nicely” with managing investments, according to Charlie Wilson, portfolio co-manager of the Thornburg Developing World fund. Financial markets and earth sciences have similarities, he says: They are interdisciplinary, complex systems where researchers create hypotheses using incomplete data […]
Old-school oil and gas investor has plans for a greener future Tortoise, long a big oil and gas midstream investor, says that the quickest way to start decarbonizing the world is coal-to-gas fuel switching. The investment company is hedging its bets with a combination of financing for mid-sized renewable energy projects and a London shop […]
Oil Rallies After Surprise Decline in U.S. Crude Stockpiles American oil inventories fell by 1.7 million barrels last week U.S. gasoline demand hits 28-year high on a seasonal basis Oil spiked above $55 a barrel for the first time in three weeks after a surprise drop in U.S. crude supplies signaled strengthening demand. Futures rose […]
When to Share Your Credit Card Security Code Closely guard these digits unless a business you trust needs them to complete a purchase you initiate. Have you ever felt uneasy when someone on the phone asked for your credit card security code? Your instincts were on target. Just as most people keep their Social Security […]
If you’re saving for retirement, remember this: It’s really just 20 years of unemployment A happy, healthy retirement is most everyone’s dream. We imagine lazy mornings over a cup of coffee and a good book, days relaxing on a tropical beach, exploring foreign lands and playing with our grandkids. No stress. No worry. We would […]
What’s next for the market if the economy is late cycle – Markets are in the green due to optimism for upcoming earnings and a pause in the U.S.-China trade conflict. Yahoo Finance’s Jen Rogers and Heidi Chung discuss with Thornburg Investment Management’s Head of Investments Ben Kirby on how if the economy is late cycle, what this means for earnings and the Fed’s next meeting.
U.S. Stocks Climb to Start a Busy Week of Earnings Earnings generally have beaten analysts’ expectations, despite the slowing global economy U.S. stocks inched higher Monday to start a busy week of corporate earnings, while investors continued to track developments in the U.K.’s divorce from the European Union. This is the busiest week of the […]
The Teal Energy Deal: The Fastest And Least Expensive Way To Reduce Global Carbon Emissions Imperative to reduce global CO2 emissions Energy demand growing through electrification Source of energy supply shifting to low-carbon fossil fuels and renewables Transition to cleaner energy can happen quickly and economically U.S. exporting low-cost energy to the rest of the […]
Top staples stocks are having their best year in decades, but valuations may be ‘stretched’ – Todd Gordon, founder of TradingAnalysis.com, and Nancy Tengler, chief investment strategist at Tengler Wealth Management, talk the consumer staples space with CNBC’s Mike Santoli.
Crude Rallies as Draw in U.S. Fuel Stocks Outweighs Crude Build Domestic oil inventories expand by the most in five months Futures move into positive territory hours after report Oil turned positive hours after a U.S. government report showed large declines in fuel inventories, outweighing a bigger-than-expected crude build. Futures rose 1.1% in New York […]
How to lose half your money: Buy Canada’s pioneering pot ETF on legalization day The day Canada legalized marijuana, the Horizons Marijuana Life Sciences Index ETF was the world’s first and largest investment fund in cannabis stocks. Exactly one year later, it is far from the biggest, and its returns are the worst. The fund, […]
A Top Bond Manager Explains His Bottom-up Approach Lon Erickson, CFA, is a portfolio manager and managing director for Thornburg Investment Management. He joined Thornburg in 2008 and was made portfolio manager and managing director in 2010. Tell me about your role at Thornburg, the management style you employ and the funds you oversee. I […]
Cento Amici welcomes NJ real estate leaders as newest members Medal of Honor recipient Staff Sgt. David Bellavia added along with Jack Morris, Joe Marino The nation’s newest Medal of Honor recipient, Staff Sgt. David Bellavia, and New Jersey real estate developers and leaders Jack Morris and Joe Marino became the newest members of Cento […]