Don’t let volatility or the trade war scare you. This is a good time to buy stocks Day to day, stocks seem to flail around like lotto balls in a gravity-pick machine. Frenetic, directionless and wild. Over the long-term, however, stock prices are fueled by economic and earnings growth and behave rationally. Let’s examine the […]
Category: Front Page (ZP)
Thornburg Investment Management's Connor Browne on Bloomberg Radio
Abbvie Buys Allergan, U.S. Set to Delay China Tariffs (Podcast) – Rebecca Spalding, Bloomberg News Biotech Reporter, and Max Nisen, Bloomberg Opinion Health Care Columnist, break down AbbVie agreeing to pay $63 billion for rival drugmaker Allergan, the latest huge merger in a pharmaceutical sector rapidly being reshaped by deals. Sarah McGregor, Bloomberg News U.S. Economic Policy Team Leader, explains that U.S. is willing to suspend the next round of tariffs on an additional $300 billion of Chinese imports while Beijing and Washington prepare to resume trade negotiations. Connor Browne, Portfolio Manager at Thornburg Investments, talks about stocks in his long/short strategy. Businessweek Editor Joel Weber and Bloomberg News Venture Capital Reporter Sarah McBride discuss how using technology can be used to protect parts of Redwood trees. And we Drive to the Close with Joe Barrato, CEO at Arrow Investment Advisors. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
Thornburg Investment Management's Ted Chang quoted in Chief Investment Officer
The Malls Get Mauled: Will Retail Real Estate Recover? While stores are closing like crazy, courtesy of Amazon, what remains after the shakeout should be a decent investment. The death of the shopping mall. Retail apocalypse. The triumph of clicks over bricks. Phrases like this are rife amid the retreat of physical retailers due to […]
ETFMG's Sam Masucci on TD Ameritrade
Sam Masucci On ETFMG Brand And Funds – The Watch List with Nicole Petallides offers investors a midday look at the most relevant stocks, sectors and commodities. Petallides hosts a panel of experts ranging from industry-leading CEOs, analysts and Wall Street influencers to discuss pressing topics moving the market in real-time. The Watch List provides viewers with a midpoint status update for the end of the trading day and beyond.
Bryce Doty on Fox Business
How should investors handle the Fed and trade uncertainties?- Sit Fixed income Advisors Senior Vice President Bryce Doty on the uncertainties facing the markets now.
Thornburg Investment Management's Connor Browne on Yahoo Finance
Allergan stock surges on news that Abbvie will buy Botox maker in a $63 billion deal – The maker of Botox Allergan will be bought by Abbvie in a cash and stock deal valued at about $63 billion. Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak to Connor Browne, a portfolio manager at Thornburg Investment Management.
IPZ's Jeff Curtin in Fortune
Women’s World Cup: Who’s Up for a Big Payday? The U.S. women’s soccer team is crushing it on the field, winning its first three FIFA World Cup matches by a combined score of 18-0, but who—besides Alex Morgan—will collect after the tournament? This year’s FIFA World Cup has generated more buzz, more content, and more […]
EquityZen’s Adam Augusiak-Boro quoted in TheStreet
Slack Insiders Could Easily All Sell Now, but Here’s Why They Might Not In a typical IPO, insiders can’t sell shares for up to 6 months — but that isn’t the case with Slack’s direct public offering. Insiders made a pretty penny in Slack’s (WORK) direct listing this week. But what happens if long-term investors […]
EquityZen's Atish Davda quoted in The New York Times
Lyft and Uber Were Duds, but the I.P.O. Market Is Having a Great Year Uber and Lyft were the largest and most anticipated of the parade of highly valued tech companies to have gone public this year. They were also the biggest flops. Their struggles cast a shadow over the market and raised further questions […]
EquityZen's Atish Davda on Fox Business
Are investors too exuberant over the IPO market? – EquityZen CEO Atish Davda on the Slack IPO and the outlook for the IPO market.
Tortoise's Nick Holmes on Yahoo Finance
Trump calls off military strike against Iran – President Trump approved military strikes against Iranian targets, but then called it off late last night. Yahoo Finance’s Akiko Fujita, Heidi Chung, and Kristin Myers are joined by Nick Holmes, Tortoise Director and Investment Analyst, break down the details.
EquityZen's Phil Haslett quoted in San Francisco Business Journal
Slack’s direct IPO gains 12 cents on first-trading day Jun 20, 2019, 1:22pm PDT Updated Jun 20, 2019, 5:55pm EDT Slack Technologies’ direct IPO opened strong Thursday morning, but was far from being a barn-burner during its first trading day, inching up only 12 cents between the opening price and its close. Read more here: […]
Ken Mahoney on Mornings with Maria
‘Dr. Jekyll and Mr. Hyde’ Fed policy has been hard for investors, expert says – Mahoney Asset Management CEO Ken Mahoney discusses his outlook for the stock market.
EquityZen's Atish Davda on CNBC
Here are the benefits of Slack going public as a direct listing – Stephan Paternot, Slated.com, and Atish Davda, Equity Zen founder and CEO, join “The Exchange” to discuss Slack going the route of direct listing instead of an initial public offering.
EquityZen's Adam Augusiak-Boro quoted in CBS Moneywatch
Slack, the workplace chat software with cult-like following, goes public Shares of the workplace software company Slack Technologies will be offered to the public for the first time Thursday. Trading has a target price set at $26 a share on the New York Stock Exchange under the ticker symbol “WORK.” About three-quarters of U.S. companies […]
EquityZen's Adam Augusiak-Boro quoted in Quartz
After Slack, the IPO market might never be the same The traditional initial public offering has lost its luster in Silicon Valley. Startups awash in billions of venture capital are pushing off the day as long as possible. Venture capitalists lament the “broken” IPO process. The average time for US technology companies to go public […]
Thornburg Investment Management's Jeff Klingelhofer quoted in Barron's
What the Fed’s Latest Move Means for Investors The Federal Reserve left the federal-funds rate unchanged Wednesday, as expected, at 2.25%-2.50%. The Federal Open Market Committee removed the word “patient” regarding future rate adjustments from its statement, indicating it is more likely to cut interest rates at future meetings than it was in March. Read […]
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 […]
Tortoise's Rob Thummel quoted in Bloomberg
Oil Slips Below $54 as Trade Fears Outweigh U.S. Gasoline Demand American crude stockpiles fell by more than expected last week WTI futures shed earlier loss; OPEC+ may extend supply curbs Oil slipped below $54 a barrel after a short-lived spike as anxieties about global trade and a supply glut overshadowed record gasoline consumption in […]
EquityZen in San Francisco Business Times
Secondary markets hint at Slack’s IPO opening at this price Slack Technologies’ long-awaited direct IPO is expected to begin trading Thursday without the traditional markers of a pricing range or set IPO price prior to trading, but the secondary markets are expected to play a critical role in setting its opening price. Read more here: […]
Nancy Tengler on CNBC
Reasons to be concerned about Beyond Meat’s stock price: Experts – Matt Maley of Miller Tabak and Nancy Tengler of Butcher Joseph Asset Management discuss Beyond Meat’s new highs with CNBC’s Mike Santoli.
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.
Thornburg Investment Management's Bimal Shah quoted in WSJ
Race to Public Markets Continues Despite Uber, Lyft Flops Strong anticipated demand for Slack signals robust investor appetite; 2019 still expected to be a record The IPO market faced its first major test since the disappointing debuts of Uber Technologies Inc. UBER 1.41% and Lyft Inc. LYFT 4.58% and passed with flying colors. Investors eagerly […]
EquityZen in BusinessInsider
Employees of unicorns are cashing out before their start-up goes public. It shows how rocky this year’s big IPOs have been. The struggles of Lyft and Uber since they’ve gone public have not been ignored by employees at other start-ups. While an IPO was once the way early employees at start-ups got big payouts, the […]
EquityZen in Bloomberg BusinessWeek
Slack’s Direct Listing Leaves Wall Street Fighting for Fees Banks can still make money when companies skip a traditional IPO, but the spoils go to a select few. Wall Street had good reason to be anxious last year when music streaming company Spotify Technology SA did a so-called direct listing, putting shares on the market […]
Nancy Tengler in USA Today
3 things to watch when you’re buying stocks for the long term Just about anyone can tell you what sways the stock market. “Someone needs to take the president’s phone away,” remarked a D.C. taxi driver. “Stocks have gone up for a long time—they’re due for a slide,” a New York City bellhop confided. “Amazon […]
Jason Brady on CNBC
Tech stocks can be a haven in case of trade tariffs, says market expert – Jason Brady, Thornburg Investment Management, and Richard Weiss, American Century Investments, join ‘The Exchange’ to discuss their market outlook amid trade concerns and U.S.-China tariffs.
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.
Rob Thummel in Wall Street Journal
Frackers Scrounge for Cash as Wall Street Closes Doors With traditional financing options dwindling, shale companies explore costlier alternatives Shale drillers are scrambling to raise cash as oil prices plummet and financing from Wall Street dries up. The companies behind the U.S. fracking boom are turning to asset sales, drilling partnerships and other alternative financing […]
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 […]