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Search resuls for: "Ben Kirby"


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Namazi previously spoke with Amanpour by phone in March 2023 from inside Iran’s notorious Evin Prison, in what was an unprecedented interview. “That is the smell of freedom.” Forty years later, Siamak Namazi emerged into the night air after eight years in prison. The logistics of his prison interview weren’t complicated. And it’s not just an American problem: Evin Prison is “a dystopian United Nations of hostages,” Namazi says, with many countries’ citizens behind bars. Emotion in his voice, Namazi tells Amanpour that, eventually, he’d like to meet the man who freed him.
Persons: Siamak, CNN’s Christiane Amanpour, , Namazi, Amanpour, Babak, ” Namazi’s, Siamak Namazi, , Jonathan Ernst, , Joe, Biden, ” ‘, ” Namazi, Dave, I’m, “ unutterable, Namazi’s, Saddam, Hussein, , Zahra Kazemi, I’d, Jared Genser, Genser, he’d, could’ve, Christiane Amanpour, Neil Hallsworth, crackly, Emad, Morad Tahbaz, Donald Trump, , Antony Blinken, Janet Yellen, wasn’t, Biden’s Organizations: CNN, Obama, Trump, Getty, State Department, New York Times, Evin, Republicans, United Nations, United, Iranian Revolutionary Guard Corps Locations: American, Iran, United States, AFP, , Evin, America, Vienna, Austria, United States of America, Republic, White Plains , New York, Islamic Republic, Iranian, New York, United Nations
The Fed would be making a mistake in delivering an emergency rate-cut, Mohamed El-Erian said. Traders see a higher chance the Fed could trim rates over the next week in response to weakening data. AdvertisementThe Federal Reserve would be making a mistake if it delivered an emergency rate cut. Amid Monday's sell-off Bloomberg reported that markets see a 60% chance the Fed could issue a cut ahead of its scheduled policy meeting. AdvertisementGiving in to the market's demands to ease monetary policy would constitute another mistake for the Fed, El-Erian said.
Persons: Mohamed El, Erian, , Ben Kirby Organizations: Bloomberg, Traders, Service, Fed, Thornburg Investment Management Locations: El
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CNN —This year’s Olympics in Paris will be Andy Murray’s fifth – and final – appearance at the Games. Murray says he has played “some of my best tennis when I’ve competed for my country,” he tells CNN’s Christiane Amanpour. I’ve really enjoyed the whole team. And I’ve really enjoyed that,” he adds. I’m really happy about it.
Persons: Andy Murray’s, Murray –, Roland Garros, Dan Evans, Murray, I’ve, CNN’s Christiane Amanpour, , Murray doesn’t, Spain’s Rafael Nadal, Carlos Alcaraz, they’re, They’ve, Amanpour, , I’m, , it’s, Roger Federer, Argentina’s Juan Martín del, CNN’s Amanpour, Amélie Mauresmo, , I’d, she’s, It’s, what’s Organizations: CNN, Olympics, Wimbledon, Scotsman, Team, London, Locations: Paris, Swiss, Rio, Argentina’s Juan Martín del Potro
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Investors searching for income can find some bargains in dividend stocks, according to Ben Kirby, co-head of investments at Thornburg Investment Management. Now investors have an added benefit in that dividend stocks are selling at a big discount, he said. When looking for the right dividend stock, Kirby wants companies offering solid balance sheets and free-cash-flow, as well as competitive advantages and sustainable profit margins. Here are some of the stocks Kirby owns in his funds and that he particularly likes right now. If the reductions continue, coupled with the stock's dividend yield, "that alone will drive a pretty competitive return," Kirby said.
Persons: Ben Kirby, Kirby, Jane Fraser, we're, Fraser Organizations: Thornburg Investment Management, Kirby, Depot, Citigroup, JPMorgan Chase, CNBC, Citi, Time Warner
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt makes more sense to be taking fixed income risk than equity risk, says Thornburg Funds' KirbyBen Kirby, Thornburg Funds co-portfolio manager, joins 'The Exchange' to discuss skepticism about bond pessimism, strong total returns from long-term bond plays, and the case for buying credit over equity.
Persons: Kirby Ben Kirby
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt makes sense to diversify internationally as the dollar strengthens, says Thornburg Funds' KirbyBen Kirby, Thornburg Funds co-portfolio manager, joins 'Squawk on the Street' to discuss how the fund has navigated last year's equity performance, any constraints to the fund, and opportunities in the international stock markets.
Persons: Kirby Ben Kirby
A lackluster economic backdrop in China shouldn't keep Wall Street from buying opportunities in the world's second-largest economy, some investors say. Consumer growth bets Kirby named Yum China as one quality stock idea. He also expects Yum China could still benefit from a rebound in consumer spending in China. It's a spending category the fund manager doesn't expect will suffer from any weakness in the macro backdrop. Yum China is higher this year by more than 4%.
Persons: Ben Kirby, Kirby, Duke, It's, James Donald, Thornburg's Kirby Organizations: Thornburg Investment Management, KFC, Technology, doesn't, Lazard Investment, Lenovo Locations: China, Beijing, Botox, U.S
Dividend stocks aren't evergreen, but investing in them over several years can pay off, according to one portfolio manager. He isn't the only one to appreciate dividend stocks right now. Neuberger Berman senior portfolio manager Sandy Pomeroy told CNBC earlier in August that dividend stocks haven't been this cheap since the tech boom of the 1990s. CME : Kirby expects the derivatives exchange will "benefit" from volatility in September, a traditionally weak month for stocks. TotalEnergies : The stock has a 5.5% dividend yield, 12% free cash yield, and a "great balance sheet," Kirby said.
Persons: Ben Kirby, Neuberger Berman, Sandy Pomeroy, Kirby, TSMC, Charles Schwab Organizations: Thornburg Investment Management, CNBC, Stock, Big Tech, CME, Kirby Locations: Taiwan
The pros share their expectations and tips for how investors can trade in the month ahead. The volatility isn't over The "potential bite" of aggressive Fed policy could lead to more volatility, said Richard Saperstein, chief investment officer at investment firm Treasury Partners, in a Tuesday note. Avoid tech — but not completely Avoid mega-cap tech stocks such as the "Magnificent Seven" now, the pros said, referring to Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla — tech stocks that have made massive gains this year. "Big tech stocks have run and valuations are richer than they have been. Dave Sekera, chief U.S. market strategist at Morningstar, said on Thursday that not all tech stocks are overvalued.
Persons: Richard Saperstein, Ben Kirby, CNBC's, Carol Schleif, George Ball, Sanders Morris Harris, Schleif, Ball, it's, Dave Sekera, Kirby, Thornburg, Morgan Stanley, Andrew Slimmon Organizations: U.S . Federal Reserve, Treasury Partners, Thornburg Investment Management, BMO Family Office, Apple, Microsoft, Nvidia, Tesla, Big Tech, Morningstar, Autodesk, Software, Teladoc, CNBC, CME, Hyatt Hotels, Hotels, Resorts, Hilton Hotels, Morgan, Morgan Stanley Investment, United Rentals Locations: U.S, China, Argentine
Regardless, the major averages are set to close a losing month as higher yields and Fitch downgrades weighed on equities this month. "Further cooling in the labor market and the services sector," said Brian Ellis, portfolio manager at Morgan Stanley Investment Management. The labor report will be preceded by the July personal consumption expenditures, or PCE, report on Thursday. In fact, many investors expect that the Federal Reserve is probably done hiking rates here as policymakers await the effects of higher rates on the real economy. Increasingly, investors are looking for opportunities in income as they deal with the possibility of higher rates for longer.
Persons: Jerome Powell, Jackson, Jay Hatfield, Fitch downgrades, nonfarm, Brian Ellis, Powell, Morgan, Ellis, Ben Kirby, that's, Thornburg's Kirby, Campbell Organizations: Federal, Nvidia, Nasdaq, Dow Jones, Capital Management, Dow Jones Industrial, FactSet, Morgan Stanley Investment Management, Federal Reserve, Thornburg Investment Management, Labor, Investors, Dallas Fed, Hewlett Packard Enterprise, HP, ADP, Costco, PCE, PCE Deflator, Chicago PMI, Dollar, Broadcom, Jobs, PMI, Manufacturing Locations: , Wyoming, U.S, cautiousness, Smucker, Chicago
Stocks vs. bonds: How to position from here
  + stars: | 2023-08-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStocks vs. bonds: How to position from hereCNBC's Bob Pisani with Ben Kirby, co-head of investments at Thornburg Investment Management, join 'The Exchange' to discuss investing in treasury bills rather than stocks, diversifying portfolios with treasury bonds, and the value of active management.
Persons: Bob Pisani, Ben Kirby Organizations: Thornburg Investment Management
Strategists see China's markets easily scoring double-digit gains this year. The case for investing outside the U.S. is strong, particularly with the dollar coming off its highs and looking at further downside. "While China's reopening is undoubtedly a turning point, there remain reasons to be cautious," wrote Barclays equity strategists. But still the prospects for China's economy are much brighter than they were just several months ago. The Covid lockdown has been so damaging to the Chinese economy, they want to get back to a growth path in 2023."
A reopening in the world's second-largest economy could spell a buying opportunity for investors as China unwinds much of its Covid restrictions. Investors have taken the recent developments as a signal to start snapping up China equities. What's more, they say that Chinese equities are cheap on a historical basis, and cheap compared to their emerging market peers. This month, Morgan Stanley said that Chinese equities have a "steep climb" after their underperformance during the pandemic. Yum China is the fourth-largest position in the Thornburg Developing World Fund (THDAX) , which has a roughly 29% allocation to China.
Ben Kirby says his fund has stayed resilient this year by doing what it's always done: remembering the "power of dividends." "People forget about the power of dividends, and they forget how important it is to get that current income," Kirby said. Today, TIBIX has a roughly 16% allocation to fixed income, compared with "closer to 10%" over the past decade, according to the fund manager. And you know, I can see us going back above our long term average of 20%," Kirby said. Still, Kirby said he's taking his time allocating more to fixed income as he finds many equities very attractive.
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