Category: Front Page (ZP)

Tortoise's Rob Thummel in S&P Global

US upstream companies continue on conservative path in Q3 Cost discipline, drilling activity main items Capital budgets for 2020 seen possibly lower Some big operators still see efficiency gains E&P companies are expected to outline a conservative approach to future capital spending and activity levels when they release third-quarter earnings in the coming weeks. Companies […]

Steve Kalafer in NJBiz

Fields of dreams – or nightmares? Financing stadium construction can be a risky bet for cities Setting up a sports team can be expensive, so some municipalities have chipped in to build a stadium for a local club. New Jersey has a mixed record in this regard, since at least three minor-league baseball clubs — […]

GenTrust's Hugh Nickola quoted in The Wall Street Journal

U.S. Government Bond Yields Edge Away From 2019 Lows Yields snap a seven-session streak of declines U.S. government bond yields crept higher Monday, snapping a seven-session streak of declines. The yield on the benchmark 10-year Treasury note edged away from its 2019 low to settle at 1.553%, compared with 1.515% Friday. Yields, which rise when […]

Tortoise's Rob Thummel in the Wall Street Journal

Gloomy Economic Outlook Takes Toll on Oil Prices Crude’s recent rally is short-lived as fears over demand and output weigh on the industry Oil has erased essentially all of the rally that followed recent disruptions to Saudi Arabian output, underscoring how a darkening outlook for global growth continues to tamp down fuel prices. While lower […]

Tortoise's Brian Kessens on Yahoo Finance

Saudi Crown Prince says Saudi oil attack hit the ‘heart of the global energy industry’ – Saudi Crown Prince sat down with CBS’s 60 Minutes Sunday night, where he said the attack on oil refineries in Saudi Aramco hit the ‘heart of the global energy industry.’ Brian Kessens, Tortoise Managing Director & Senior Portfolio Manager of Energy, joins Yahoo Finance’s On The Move to discuss the latest and where we can expect oil prices to be in the near future.

Nancy Tengler's USA Today column on September 25

401(k) investors shouldn’t let fear or politics keep them out of the stock market I have two friends with opposite views. Both are bright women and have amassed a meaningful amount of wealth. One sold all her stocks when Barack Obama won the presidency. The other liquidated her portfolio of equities after Donald Trump’s election. […]

Tortoise's Rob Thummel on Yahoo Finance

How to invest in oil – With trade war still ongoing, and more interest cut rates now in the mix, investors are wondering where the best place to put their money is. Rob Thummel, Senior Managing Director at Tortoise, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Jared Blikre to discuss during our Market Survival Guide: How to invest in oil.

GenTrust's Hugh Nickola on Bloomberg Radio

Bob Burgess, Bloomberg Opinion editor, on his column, “Markets Have Three Wishes. One May Come True.” Melissa Reagen, Head of U.S. Research at Nuveen Real Estate, discusses the latest market trends in real estate, in light of the current uncertain economic environment. Hugh Nickola, Principal and Head of Fixed Income at Gentrust, and Alex Harris, Bloomberg bond reporter, on the Fed injecting more liquidity into the money markets. Tracey Davies, President of Money 20/20, to discuss her outlook for millennial women in finance and the Rise Up accelerator program. Hosted by Lisa Abramowicz and Paul Sweeney.

GenTrust Head of Fixed Income Hugh Nickola in Bond Buyer

Divided Fed makes a rate cut, moves to end liquidity challenge The Federal Open Market Committee voted to cut the fed funds target range 25 basis points to 1.75% to 2% as “uncertainties” offset the prospects for “sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee’s symmetric 2 percent objective.” […]