Infrastructure Report: Hospital Technology Faces Coronavirus Strain Remote work by support staff makes it harder for IT teams to police computer systems and prevent cyberattacks As doctors and nurses battle the coronavirus pandemic in U.S. hospitals, medical providers’ information-technology employees also have their hands full: Much of the support staff is working remotely, making it […]
Category: Front Page (ZP)
Nancy Tengler column in USA Today
Here’s how big stock market swings can boost your 401(k) retirement savings in the long run Thursday afternoon as I stared at my computer screen awash in “up” arrows after three days of stock market rallies and over 21% in gains, I saw a headline pass that read something like, After the fastest bear market […]
Nancy Tengler in The Wall Street Journal
Stocks Drop, But Finish the Week With Big Gains The Dow industrials posted their biggest weekly gain since 1938 The Dow Jones Industrial Average posted its biggest weekly gain since 1938, paring some of the losses of recent weeks, as lawmakers agreed to the largest economic-relief package in U.S. history in response to the coronavirus […]
GenTrust's George Perez in Barron's
Crisis Presents Wealth-Boosting Opportunities Amidst the turmoil unleashed by the coronavirus, financial advisors have been seizing on low interest rates and deflated stock prices to help clients minimize taxes and build more family wealth in the future. Cheap stocks, for instance, mean the time may be ripe for Roth IRA conversions, says Erin Wood, vice […]
ETFMG Partner on Yahoo! Finance
Gaming sector boosted by homebound users – Ted Pollak, ETFMG partner in the GAMR ETF, spoke with Yahoo Finance about the booming gaming industry as the coronavirus keeps more people at home.
Nancy Tengler on CNBC Trading Nation
Industrials track for best week ever, and these stocks could be a buy – Industrials have soared this week, led by Boeing. Todd Gordon of Ascent Wealth Partners and Nancy Tengler of Laffer Tengler Investments discuss what could come next.
Nancy Tengler on CNBC Trading Nation
Semiconductor stocks surge, and traders agree one is the group’s best bet – Nancy Tengler of Laffer Tengler Investments and Todd Gordon of Ascent Wealth Partners talk semiconductor stocks as the group surges with CNBC’s Seema Mody.
Thornburg Investment Management's Bimal Shah on Yahoo! Finance
Stocks soar for third straight session amid record jobless claims numbers – Bimal Shah, Portfolio Manager at Thornburg Investment Management joins Yahoo Finance Live taking a closer look at recent market volatility and what that means for investors.
COVID-19 vs. 9/11
I sent an email to a client (and friend) this morning, congratulating him on his company’s decision to provide insurance coverage to furloughed workers during the crisis we face today. I sent that email right after I had an email exchange with a friend in Italy. He has been in lockdown for several weeks in […]
Nancy Tengler in Reuters
U.S. investors shop for consumer stocks in anticipation of stimulus bill As a $2 trillion relief package makes its way through the U.S. Congress, some investors are finding bargains in consumer discretionary stocks that have been battered in the wake of the coronavirus pandemic. Provisions in the bill aimed at expanding unemployment benefits and supporting […]
Tortoise's Nick Holmes in Bloomberg
Oil Market Shows Fear That U.S. Is Running Out of Storage Space Vitol sees demand down as much as 20 million barrels a day WTI futures fluctuate after rallying as much as 5.1% earlier The U.S. oil market is displaying worries that stockpiles are going to run out of storage space, with futures being whipsawed […]
Thornburg Investment Management CEO, Jason Brady on CNBC's The Exchange
THE EXCHANGE – Signs the market is trying to find the bottom: Investment strategist – CNBC’s Kelly Evans talks with Jason Brady, CEO of Thornburg Investment Management, and Jeff Krumpelman, chief investment strategist at Mariner Wealth Advisors, about what they’re expecting to see in equities amid the coronavirus pandemic.
Nancy Tengler on Money Life with Chuck Jaffe
Allianz’s Mahajan: Get your watch list ready, look for improved values Mona Mahajan, US investment strategist for Allianz Global Investors, says that the stock market won’t stabilize until there is a visible path for a ‘global return to normalcy,’ but adds that she doesn’t think the ‘long-term fundamental health of the US economy is derailed’ […]
EquityZen's Phil Haslett in TechCrunch
Startup valuations drop as exits are delayed and the stock market reprices tech Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. The public markets are in turmoil as the economic impact of COVID-19 comes into focus; however, it is less clear what the […]
Nancy Tengler on CNBC's The Exchange
THE EXCHANGE – Portfolios seem to be better positioned now: Castleark’s Castellini – CNBC’s Kellys Evans is joined by Jerry Castellini, CEO of CastleArk Management, and Nancy Tengler of Laffer-Tengler Investments to discuss the state of the markets and how they’re investing amid the volatility.
Nancy Tengler in USA Today
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 […]
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 […]
A Virus…The Media…and a Jesuit
A Virus…The Media…and a Jesuit Ok, it’s a misleading headline…especially the last part. But in the face of the “unknown”…the despair…the confusion…and the concerns, there have been a couple of wonderful stories. Paul Farhi’s piece in The Washington Post asked people to stop referring to those in his profession as “the media.” But the organizations […]