Podcasts about hennessy funds

Scott Brown of Brown Technical Insights says that the market traditionally is weak during the first quarter of a new presidential cycle, but he notes that the third week of March is also when that tends to change and the market reaches the bottom of that cycle. He says we're still in a secular bull market, with April and May historically providing some runway. As a result, Brown expects a bounce and says "It's not the time to be turning negative now," though he notes that if the seasonal rally fails to materialize, then conditions could be weaker than expected. Also on the show, David Ellison, portfolio manager and financial services specialist for the Hennessy Funds, says that interest-rate cuts may, again, not have their traditional impact on stock and bond markets, and veteran financial journalist Allan Sloan "has fun with numbers," talking about the market's recent decline in numbers — rather than points on a stock index — and noting that it amounted to roughly $6.5 trillion until Monday's market rebound.  

Barron's Senior Managing Editor Lauren R. Rublin and Deputy Editor Ben Levisohn speak with Ryan Kelley, CIO and Portfolio Manager at Hennessy Funds/Hennessy Cornerstone Mid Cap 30 Fund about the outlook for financial markets, industry sectors, and individual stocks.

David Ellison, Portfolio Manager and Financial Services Specialist at the Hennessy Funds, says that the banking industry is coming out of "a two-to five year period of darkness," heading for "sunny days ahead," though he notes that banks do not want interest rates to fall too far but he thinks earnings can grow even if the Federal Reserve cuts rates by another 1 percent or more. Ellison also notes that anticipated problems in commercial real estate — considered a real threat to the health of the banking system — aren't likely to materialize as a real threat now because the industry has spent the last two-plus years preparing for trouble. "It may be a drag here and there, but it won't be a blow-up problem," he says. Dana Staggs, President of Arrowmark Financial Corp., looks at a high-yielding alternative to standard banking plays, talking about how his closed-end fund relies on regulatory capital relief securities — esoteric investments that currently can generate yields of up to 15 percent — and that should hold up when rates get cut further in the coming year. Jason Brown of The Brown Report says that the stock market's technicals are showing him signs that a big downturn is in the offing, and Portfolio Manager Michael Roomberg of Miller/Howard Investments, talks energy stocks in the Market Call.

Nvidia shares are surging following another blockbuster quarter, as demand for its AI chips shows no signs of slowing down. Clockwise Capital's James Cakmak and Stifel's Ruben Roy discuss. Plus, Nvidia's stock pop is lifting the broader markets. Hennessy Funds' Josh Wein and Defiance ETFs' Sylvia Jablonski explain. And, JPMorgan CEO Jamie Dimon is once again warning that a bumpy landing may be coming for the economy. Evans May Wealth's Lizzie Evans digs into the outlook.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence Senior Retail Analysts Jennifer Bartashus discusses Walmart successfully growing operating income faster than sales, a trend likely to continue in fiscal 2Q as the company reaps benefits from a changing business mix. Bloomberg News Health Care Reporter Kristen V. Brown shares the details of her Businessweek Magazine cover story 23andMe's Fall Exposes DNA Testing as More Gimmick Than Remedy. Durga Malladi, Head of AI at Qualcomm, talks about the rise of on-device artificial intelligence. And we Drive to the Close with Ryan Kelley, CIO & Portfolio Manager at Hennessy Funds. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

With Ben Cook, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

It's a busy week on the jobs front, with several employment reports on tap. Clune Construction CEO Dave Hall details the hiring landscape in his industry. Plus, Salesforce reports earnings today as the company accelerates its focus on profitable growth and shareholder value. Baird's Rob Oliver previews the results. And, the markets appear to be in relief-rally mode to close out what has otherwise been a brutal month for stocks. Hennessy Funds' Josh Wein and KKM Financial's Jeff Kilburg explain.

With David Ellison, Portfolio Manager at Hennessy Funds

The Dow closed higher on the back of strength from UnitedHealth while the S&P 500 and Nasdaq both snapped four-day winning streaks. G Squared Private Wealth's Victoria Greene and Wells Fargo's Scott Wren break down the market action and look ahead to next week's busy earnings. Intuit CEO Sasan Goodarzi talks its generative AI product and how the consumer is doing. Anthropic just launched its “Claude 2” AI chatbot; co-founder Daniela Amodei talks what makes its product different and how the FTC could impact the industry. Sunnova CEO John Berger talks his stock's big move higher and solar demand amid rising rates and macro headwinds. Guideline CEO Kevin Busque on the company's new 401k product and Hennessy Funds' David Ellison looks ahead to next week's bank earnings. 

Bloomberg News International Economics & Policy Correspondent Michael McKee and Torsten Slok, Chief Economist at Apollo Global Management, discuss inflation and the US economy. Timothy Tully, CEO at Zelcore Technologies, talks about the buzz around Bitcoin ETFs. Carolyn Everson, Board Member of The Knot Worldwide, shares her thoughts about the wedding industry and women on corporate boards. And we Drive to the Close with Ryan Kelley, CIO at Hennessy Funds.Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg News International Economics & Policy Correspondent Michael McKee and Torsten Slok, Chief Economist at Apollo Global Management, discuss inflation and the US economy. Timothy Tully, CEO at Zelcore Technologies, talks about the buzz around Bitcoin ETFs. Carolyn Everson, Board Member of The Knot Worldwide, shares her thoughts about the wedding industry and women on corporate boards. And we Drive to the Close with Ryan Kelley, CIO at Hennessy Funds.Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

With David Ellison, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

Regional bank earnings are out this week on the back of turmoil that hammered a number of financial firms last month. KBW's Christopher McGratty gives his expectations. Plus, Saudi Arabia is looking to renew relations with a key Palestinian group and bring Syria back into the Arab fold. RBC Capital Markets' Helima Croft explains the latest. And, earnings season is kicking into full swing, with many investors expecting the first earnings recession since 2020. Hennessy Funds' Josh Wein and Fundstrat's Tom Lee weigh in on the trading week ahead.

Bloomberg News Industrial, Logistics and Aerospace Reporter Thomas Black explains how FedEx is seeking to cut $4 billion in costs by combining its two main delivery networks. Tom Siebel, CEO at C3.ai, says accounting and disclosure issues alleged by short-seller Kerrisdale Capital are “complete fiction.” And We Drive to the Close with Bill Davis, Portfolio Manager at Hennessy Funds. Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg News Industrial, Logistics and Aerospace Reporter Thomas Black explains how FedEx is seeking to cut $4 billion in costs by combining its two main delivery networks. Tom Siebel, CEO at C3.ai, says accounting and disclosure issues alleged by short-seller Kerrisdale Capital are “complete fiction.” And We Drive to the Close with Bill Davis, Portfolio Manager at Hennessy Funds. Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

With David Ellison, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

Disney reports earnings for the first time since Bob Iger returned as CEO, with analysts expecting EPS to fall but revenue to rise. Citigroup's Jason Bazinet gives the outlook. Plus, in last night's State of the Union address, President Biden renewed his call for taxing billionaires and corporate stock buybacks to reduce the federal deficit. American Enterprise Institute's Jim Pethokoukis recaps the event. And, stocks are off to a good start to the year as investors turn their attention from the Fed to earnings. Hennessy Funds' Josh Wein and Steward Partners Global Advisory's Eric Beiley discuss where to invest. 

With Ben Cook, Portfolio Manager at Hennessy  Funds

With David Ellison, Portfolio Manager at Hennessy Funds

Stocks struggling for direction on lingering recession fears. The CEO's of both Citigroup and JP Morgan raising fresh concerns about a recession. JP Morgan Chief U.S. Economist Michael Feroli says economic growth this quarter has been strong, but the odds of a recession next year are increasing. Bank stocks have been significant underperformers recent. Barclays' Jason Goldberg explains why he sees buying opportunities for the big banks, but Hennessy Funds' David Ellison is more cautious because he sees more headwinds for the banks. Cowen's Helane Becker discusses why she thinks airline stocks are oversold and reveals her top picks. Goldman Sachs' Jonny Fine weighs in on the recent decline in treasury yields and why he predicts we will never see the Federal Reserve raise interest rates by 75 basis points again. And Bluebell Capital Co-Founder Giuseppe Bivona explains why he is calling for Blackrock CEO Larry Fink to step down for what he says is "hypocrisy" over the asset manager's ESG messaging.

With David Ellison, Portfolio Manager at Hennessy Funds

Jeffrey Cleveland, chief economist at Payden & Rygel, says that inflation could begin dropping next year while unemployment remains low, conditions which run counter to the traditional recessionary playbook. He says that the reasons for inflation over the last few years could be unique to the Covid era -- fiscal stimulus, unusual supply chains, a shift in how people spend money moving from services to goods, war in Ukraine and more -- which could set up "a great scenario" and a potential soft landing. He sees the economy side-stepping recession until late next year or 2024, and sees strong potential investment opportunities in the interim. Also on the show, David Ellison, portfolio manager covering the financial services sector for the Hennessy Funds, says that Wall Street is in recession but the rest of the economy isn't, and while Wall Street wants that kind of pain -- because a recession is good for Wall Street -- he doesn't see that kind of downturn materializing right now, agreeing with Cleveland that low unemployment and other conditions make the current downturn very different than the great financial crisis of 2008. Plus, Ted Rossman of CreditCards.com returns with the site's look at retail store charge cards, which now have an average interest rate nearing 30 percent, a new record.

Netflix launches its ad-tier today as the streaming wars continue. Big Technology's Alex Kantrowitz explains what this means for the company. Plus, investors are still digesting the Federal Reserve's fourth straight 75 basis point rate hike and Fed Chairman Jay Powell's promise to keep his foot on the gas. Federated Investors' Linda Bakhshian discusses the implications on the markets. And, what's in store for the trading day ahead? Hennessy Funds' Josh Wein and CFRA's Sam Stovall weigh in.

With David Ellison, Portfolio Manager at Hennessy Funds

In a CNBC exclusive, our Julianna Tatelbaum sits down with JPMorgan Chase CEO Jamie Dimon to discuss the future of the global enconomy. Dimon warns that the U.S. economy is likely to fall into a recession due to several factors, including inflation, the effects of quantitative tightening by the Federal Reserve, and the War in Ukraine. Bleakley Advisory Group's Peter Boockvar and Hennessy Funds' Josh Wein discuss what this means for the markets today.

Ben Cook, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

Stocks closed well off their lows after an initial plunge sparked by disappointing earnings from JPMorgan and Morgan Stanley. Hennessy Funds' David Ellison breaks down those results and the read-through for the rest of earnings season. Affirm founder Max Levchin discusses the state of the consumer and the buy-now, pay-later model after rival Klarna took a major valuation haircut. And the CEO of Hannon Armstrong – the target of a short seller call from Muddy Waters – joins with his response to the report.

The value-stock driven market could persist for the next few years, says Masa Takeda. He discusses the Hennessy Funds Japan Investor (HJPNX). Some of its notable holdings include Sony (SONY), Mitsubishi (MSBHF), Keyence (KYCCF), and Hitachi (HTHIY). He also talks about finding "growth in disguise" highlighting his stock to watch Tokio Marine (TKOMY). Tune in to find out more.

With David Ellison, Portfolio Manager at Hennessy Funds

Investors have shifted their focus away from inflation panic to growth fears. Stocks saw gains in today's session but Avery Sheffield of Vantage Rock at Rockefeller Capital Management still isn't calling for an all-clear from the sell-off. She explains why. Plus, the Fed released the results of its annual stress test. David Ellison of Hennessy Funds and Hightower's Stephanie Link give instant analysis. And, Intel issued a big warning and said its new Ohio factory could be delayed if Congress doesn't move quickly on a key piece of legislation. Top chip analyst at Bernstein's Stacy Rasgon breaks down the big money implications.

With David Ellison, Portfolio Manager at Hennessy Funds

With Ben Cook, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

Dave Ellison, portfolio manager at Hennessy Funds, comes on for the first two segments to share his decades of experience covering the financial sector and where he sees it going. From fintech, crypto, and especially the influence of the Federal Reserve. In our last segment, Justin and Irusha give a market update and talk through strength in O'Reilly Automotive (ORLY) and Toll Brothers (TOL) and warning signs for Zim Shipping (ZIM).For the video version, show notes and charts, visit investors.com/podcast.

Neil Hennessy, president of Hennessy Advisors and the Hennessy Funds, says that despite legitimate worries over inflation, interest rates, the continuing pandemic and more, the economic underpinnings and stock market fundamentals are so strong that he believes the current rally has legs that will last well into 2022.  He does expect pullbacks and corrections ahead, "but it's not going to be the end of the bull market." Also on the show, Freddy Garcia, of Left Brain Wealth Management discusses year-end moves investors should be evaluating before the timing gets tight, Matt Zajechowski or Northstar Inbound talks about a survey done for HomeAdvisor.com looking at the surprising amount that homebuyers spend correcting "mistakes" made by their home's prior owner, and Chuck talks about stocks for the Christmas stockings this year, and which companies might be appropriate gifts for the young-uns in your life.

With Ryan Kelley, CIO & Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, shares his thoughts on the FDA advisory panel meeting on whether to approve Covid boosters. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Higher Education Finance Reporter Janet Lorin discuss how MBA programs at top schools are being tailored to feature women and people of color to avoid perpetuating gender and racial inequality. Alex Lemberg, CEO of Nimbus, talks about cryptocurrency volatility and regulation. And we Drive to the Close with Ryan Kelley, Portfolio Manager at Hennessy Funds. Hosts: Carol Massar and Sonali Basak. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, shares his thoughts on the FDA advisory panel meeting on whether to approve Covid boosters. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Higher Education Finance Reporter Janet Lorin discuss how MBA programs at top schools are being tailored to feature women and people of color to avoid perpetuating gender and racial inequality. Alex Lemberg, CEO of Nimbus, talks about cryptocurrency volatility and regulation. And we Drive to the Close with Ryan Kelley, Portfolio Manager at Hennessy Funds. Hosts: Carol Massar and Sonali Basak. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

With David Ellison, Portfolio Manager at Hennessy Funds

With David Ellison, Portfolio Manager at Hennessy Funds

Geetha Ranganathan, Technology and Media Analyst for Bloomberg Intelligence, talks Netflix. Anjee Solanki, National Retail Director, U.S. for Colliers International, discusses the latest retail data. Josh Wein, Portfolio Manager for Hennessy Funds, talks markets. John Murphy, Pharmaceutical Analyst for Bloomberg Intelligence, talks about Moderna joining the S&P 500. Hosted by Paul Sweeney and Matt Miller. (Taylor Riggs fills in for Matt Miller) Learn more about your ad-choices at https://www.iheartpodcastnetwork.com