AmeriVet Securities, Inc.

Welcome to Talking Tuesdays. The new Issue calendar last week priced $45.9Bln topping expectations of $30-35Bln. Financial spreads in secondary paper were unchanged to 10Bps wider on light volume. We saw $2.8Bln of net client selling led by Financials, Health Care and Communications with Materials, Consumer Discretionary and Technology seeing net client buying. Estimate are calling for $20-25Bln of new supply. Great job by the Amerivet Securities team last week as we were a Co-Manager on $2.2Bln 3NC2 tranche for Citibank and $750mm 11NC10 deal for Bank of NY. Get your updates on the credit markets each week with Talking Tuesdays from Stephen L H. Head of Credit Trading for AmeriVet Securities, Inc. #credittrading #economics #capitalmarkets #banking #earnings #debtcapitalmarkets #dcm #cpi

What a year, 2024. But we’re getting through it. Some said the Fed wouldn’t come down at all in 2024. We were not one of those. We live in a world of change. The pandemic exacerbated consumer thoughts. The evolution of technology playing an increasing role. Chair Powell struck the right tone last week in our view. No preset course. The “buckets” around potential change on the fiscal side are largely known. The outcomes not as much. It’s not 2016 or 2020. This world is moving quickly. Nominal growth is not the challenge. It’s the supply side of the economy that will continue to be the focus bar none. Critical. Can you achieve growth, stable inflation, jobs for many, and within the confines of low rates. That’s the question in front of us. We believe we can in the United States. Chair Powell does too, and it will take collaboration.? Gregory (Greg) Faranello, CFA Head of US Rates at AmeriVet Securities, Inc. reviews the situation in this week's Monday Minutes. #federalreserve #inflation #economics #mondayminutes #markets #fed #interestrates #finance #money #business

Each year, approximately 200,000 servicemembers leave the military, and only one in four veterans have a job lined up after they leave the military. Our firm is committed to supporting veterans through the process of transitioning to the corporate workforce. Through our military veteran internship program, we have successfully assisted more than two dozen of our previous interns in starting a career at top-tier firms in the industry. This Veterans Day, as we honor all veterans, we also celebrate our military veteran interns who continue to pursue their goals. Visit us to learn more about our program and the work we do with veterans: https://lnkd.in/ejx5G_57 #veterans #supportveterans #veteranownedbusiness #militaryveterans #veteransday #celebrateveterans #financialservices #internships #finance #capitalmarkets #markets #veteranowned

AmeriVet's Head of US Rates, Gregory (Greg) Faranello, CFA, joined Maria Bartiromo in the Fox Business Network studios on Mornings with Maria. Gregory provided his insights into the election and today's Fed meeting, plus what those events mean for the broader financial market. Get your updates each week with Gregory Faranello, CFA–Head of U.S. Rates at AmeriVet Securities, Inc.

Our Co-CEO Michael Naidrich and Head of US Rates Gregory (Greg) Faranello, CFA take a look at a Fed meeting that's been a bit overshadowed in by the election in this news cycle. Please also join us Fox Business Network Maria Bartiromo the day after the Fed meeting to recap, discuss markets, and the Fed’s pathway moving forward. #federalreserve #chairpowell #interestrates #markets #finance #amerivetsecurities #commentary

As October came to a close, we served as Co-Manager on two transactions with Edison International and Wisconsin Housing and Economic Development Authority (WHEDA). We are excited to continue working with our amazing clients and partners as we move into the final two months of 2024. A special thank you to them for all of their support! #capitalmarkets #markets #veterans #veteranowned #supportveterans #financialservices #finance #military #militaryveterans #minorityveterans #womenveterans #teamworkdreamwork #itsnovemberalready

Our Vice President of Veteran Engagement, Sidney Covington, LMSW recently attended the first annual iMentor Chicago Legacy of Mentorship Benefits Dinner, an event dedicated to celebrating the impactful relationships fostered through mentorship programs. The dinner brought together community leaders, mentors and mentees to honor the legacy of mentorship and its profound influence on personal and professional development. Ms. Covington had the opportunity to network with other advocates for mentorship, share insights on her veteran engagement efforts and highlight our organization’s commitment to supporting youth in the Chicagoland area. In addition, Ms. Covington has served as a mentor for the program for three years. If you’re interested in being a mentor or have questions about how to become a mentor, please feel free to connect with Ms. Covington on LinkedIn!

The next few weeks are action-packed with the US Treasury’s Quarterly Refunding announcement, 3Q GDP, the Fed’s PCE Deflator, employment report, election, and Fed meeting. Could it all be less fanfare than what meets the eye? Could be. Rates have been repricing around better data, higher term premium, election spirits, and supply. Short term, the correlation between oil prices and UST 10-year has broken down but bigger picture lower energy costs should be supportive of the rate market. Gregory (Greg) Faranello, CFA, Head of US Rates at AmeriVet Securities, Inc. shares his thoughts in this week's Monday Minutes. #federalreserve #inflation #economics #mondayminutes #markets #fed #interestrates #finance #money #business

Our team recently attended the annual Tee It Up for the Troops in Dallas, Texas. It was our third year supporting the organization, which raises awareness and provides support for U.S. military veterans through golf events, outreach programs and fundraisers. A special thank you to Tee It Up for the Troops for having us, and for their meaningful vision to help military veterans and their families to heal, transition, grow and thrive. #militaryveterans #teeitup #servicebeforeself #excellenceinallwedo #integrity #service #veterans #veteranowned #veteranoperated #supportveterans #minorityveterans #womenveterans