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Brochure Supplement Joe Estes
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Own Your Practice
Letter to Clients
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contact us
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Fixed Income Portfolio (FIP)
FIP Program
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Back Dated Performance Reports
Quarterly Performance Reports
Total Asset Market (TAM)
TAM sm Program
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Back Dated Performance Reports
Quarterly Performance Reports
Municipal Bonds
Taxable Bonds
Par, Premium, and Discount Bonds
Rating and Analyzing Bonds
Refunding & Pre-refunding
Bond Yields
Yield Curve
Secured Bonds
Mortgage Bonds
Unsecured Bonds
Debentures
Subordinated Debentures
Zero-Coupon Bonds
Convertible Bonds
High Yield Dividend Stocks
Independent Money Managers
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Corporate Cash Management
Fees & Compensation
Estate Planning
Financial Planning
Client Service Approach
Client's Responsibilities
Fees
Implementation
Legal Services
Termination
Professional Alliance Network
Client Service Approach
Client's Responsibilities
Fees
Implementation
Legal Services
Termination
MUNICIPAL BONDS
Municipal Bond Presentation
About Us
The Management
Global Asset Allocation Products
FIP Program
Classifying Municipal Bonds
Revenue Bonds
Credit Factors Affecting General Obligation Bonds
Credit Factors Affecting the Quality of Local Municipal Bonds
Analyzing the Credit Quality of General Obligation Bonds
Analyzing the Credit Quality of Revenue Municipal Bonds
What We Normally Buy
What We Normally Don’t Buy
Municipal Bonds – Unique Asset Class
Default Rates
Yield Difference
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same-Day Allocation
TSL’s Turnkey Operation Platform
Classifying Municipal Bonds
Revenue Municipal Bonds
Types of Revenue Municipal Bonds
Industrial Development Revenue Bonds
Lease-back Bonds
Special Tax Bonds
NHA/PHA Bonds
Moral Obligation Bonds
Municipal Notes
TANs/RANs
BANs
CLNs/GANs
Variable Rate Bonds/Notes
Build America Bonds
Double-Barreled Bonds
Bond Index Components
Open-end-Closed-end-Indenture
Sinking Fund
Bond Contracts
Bond Indenture
Official Statement
Bond Issuance Process
Analyzing GO Bonds
Analyzing Revenue Bonds
Debt Ratios
General Price Analysis of Municipal Bonds
Liquidity
Interest Rate Risk
Credit Risk
Coupon Risk
Maturity Risk
Municipal Bond Insurance
Municipal Bonds Unique Asset Class
Default Rates
What We Buy Currently
What We Normally Don’t Buy
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same Day Allocation
Traditional Broker/Dealer Execution Flow
TSL's Turnkey Operation Platform
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Event Schedule
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Investing During Uncertain Times
Read FULL Seminar Here
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United States Oil Fund
(NY:
USO
)
137.92
+13.83 (+11.15%)
Official Closing Price
Updated: 8:00 PM EDT, Apr 2, 2026
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Oil Prices Edge Higher As Trump Teases Russia Sanctions, Sends Missiles To Ukraine
↗
July 13, 2025
Benchmark Brent crude prices rose by 0.2% to $70.47 per barrel, while U.S. West Texas Intermediate crude prices gained 3 cents to $68.49 per barrel at 2.42 a.m. GMT.
Via
Stocktwits
Topics
ETFs
Government
Crude Oil Surges As Markets Await Trump’s ‘Major’ Statement On Russia
↗
July 11, 2025
At the time of writing, U.S. WTI crude futures were up nearly 3%, rising $68.5 per barrel.
Via
Stocktwits
Topics
ETFs
Government
World Trade
US 500% Tariff On Russia Can Rattle Energy Stocks And Have 'Major Negative Implications' On Global Economy, Says Craig Shapiro
↗
July 11, 2025
As the U.S. Senate considers the Sanctioning Russia Act of 2025, Craig Shapiro warns about disruption to the market and the global economy.
Via
Benzinga
Topics
Economy
OPEC Sees Oil Demand Climbing Through 2050 — Thanks In Part To Trump’s Paris Climate Accord Exit
↗
July 11, 2025
The group says oil demand will rise by about 19% to hit about 123 million barrels per day (bpd) by 2050.
Via
Stocktwits
Topics
Government
Oil Prices Hold Steady Amid Fresh Set Of Trump Tariffs, Rise In US Gasoline Demand
↗
July 10, 2025
Benchmark Brent crude gained 0.1% at $70.27 per barrel, while U.S. West Texas Intermediate crude advanced eight cents to $68.46 per barrel at 7.38 am GMT.
Via
Stocktwits
Topics
ETFs
Economy
Energy
Crude Oil Prices Ease As Traders Digest Trump Tariff Impact, OPEC+ Boost
↗
July 08, 2025
At the time of writing, U.S. WTI crude futures were down nearly 1%, falling to $67.33 per barrel.
Via
Stocktwits
Topics
ETFs
Government
World Trade
Oil Market: Brent, WTI Futures Dip After Rally As Trump Tariff Tensions Back In Play
↗
July 08, 2025
Benchmark Brent crude fell 0.5% at $69.27 per barrel, while U.S. West Texas Intermediate (WTI) crude declined 0.6% at $67.52 per barrel.
Via
Stocktwits
Topics
ETFs
Economy
Government
Oil Prices Pull Back After OPEC+ Supply Boost Shocks Markets, Focus Shifts To Trade Deals
↗
July 06, 2025
Benchmark Brent crude prices fell 1% to $67.63 per barrel, while West Texas Intermediate (WTI) crude prices were down 1% at $65.83 per barrel at 2.28 am GMT.
Via
Stocktwits
Topics
ETFs
World Trade
USOY Is an Income Juggernaut
↗
July 05, 2025
Via
The Motley Fool
Topics
ETFs
Asia And Europe Markets Mixed, Dollar Near 3-Year Lows - Global Markets Today While US Slept
↗
July 03, 2025
Via
Benzinga
Asia Markets Mixed, Europe Edges Lower, Dollar Weakens On Rate Cut Bets - Global Markets Today While US Slept
↗
June 30, 2025
US markets closed higher on Friday with record highs amid trade optimism and Fed rate cuts. Dow up 1%, S&P 500 up 0.54%, Nasdaq up 0.52%.
Via
Benzinga
Topics
Economy
Stocks
Asia Markets Mixed, Europe Rises While Dollar Gains - Global Markets Today While US Slept
↗
July 02, 2025
On Tues, U.S. markets closed mixed w/ S&P 500 & Nasdaq down due to large-cap tech stocks, while Dow gained. Volatility high, data supported Fed's stance. Asia markets vary, Europe up, commodities...
Via
Benzinga
Topics
Economy
Stocks
Oil Prices Dip After Worst Weekly Drop In 2 Years As OPEC+ Reportedly Eyes Another Big Output Boost
↗
June 29, 2025
Benchmark Brent crude prices fell 0.4% at $66.56 per barrel while U.S. West Texas Intermediate crude prices were down 0.6% at $65.14 per barrel at 2.42 am GMT.
Via
Stocktwits
Topics
Artificial Intelligence
ETFs
Asia Markets Mixed, Europe Advances, Gold And Dollar Slip Further - Global Markets Today While US Slept
↗
June 27, 2025
U.S. markets closed higher on Thursday, boosted by easing geopolitical tensions and supportive economic data. Asia and Europe markets also saw gains.
Via
Benzinga
Asia Markets Mixed, Europe Slips, Dollar Weakens Further As Tariff Deadline Looms - Global Markets Today While US Slept
↗
July 01, 2025
U.S. markets up on trade deals and rate cut hopes, but concerns persist. Mixed economic data, Central bank expectations, and geopolitical risks affect performance. Asia and Europe markets mostly lower,...
Via
Benzinga
Topics
Economy
Oil Prices Head For Weekly Decline After Israel-Iran Ceasefire Eases Supply Concerns
↗
June 27, 2025
Benchmark Brent crude prices rose 0.6% at 67.11 per barrel, while U.S. West Texas Intermediate crude prices gained 0.6% at $65.65 per barrel at 6.02 GMT.
Via
Stocktwits
Topics
Economy
Government
Trump Announces Iran Nuclear Talks Following US Strikes That 'Severely Damaged' Iranian Nuclear Program
↗
June 25, 2025
President Donald Trump said on Wednesday the United States will hold nuclear talks with Iran next week, following devastating U.S. air strikes that intelligence officials say "severely damaged"...
Via
Benzinga
Topics
Government
Asia Markets Mixed, Europe Gains, Dollar Hit by Fed Concerns And Cooling Inflation - Global Markets Today While US Slept
↗
June 26, 2025
US markets closed mixed on Wednesday, tech shares lifted Nasdaq while S&P 500 remained flat. Fed Chair Powell reiterated wait-and-see approach. Asian markets mostly up, European markets also positive...
Via
Benzinga
Topics
Economy
Stocks
Shell Reportedly Eyes $90B Deal For BP, Setting The Stage For Largest Energy Acquisition Since Exxon Mobil
↗
June 25, 2025
According a report by The Wall Street Journal, discussions between Shell and BP are progressing slowly and remain preliminary, with no guarantee of a deal.
Via
Stocktwits
Topics
Workforce
Palantir's Defense Chief Says Iran Nuclear Program 'Set Back Significantly' By US Strikes—But Intel Split On How Long
↗
June 25, 2025
Mike Gallagher, Head of Defense at Palantir Technologies said Iran's nuclear program has been "set back significantly" after US strikes.
Via
Benzinga
Asia Up, Europe Markets Slip, Dollar Under Pressure On Increased Risk Appetite - Global Markets Today While US Slept
↗
June 25, 2025
Positive market close as investors react to Israel-Iran ceasefire and await Fed signals. Tech shares lead rally, energy stocks slip. US futures mixed.
Via
Benzinga
Topics
Economy
Oil Rebounds After 2-Day Slump As Traders Weigh Iran-Israel Ceasefire, US Inventory Data
↗
June 25, 2025
Brent crude was up 1% at $66.88 per barrel at 9.30 GMT while U.S. West Texas Intermediate crude advanced 1.4% at $65.24 per barrel.
Via
Stocktwits
Topics
Economy
Government
World Trade
Oil Prices Tumble As Israel-Iran Ceasefire Takes Shape... For Now
↗
June 24, 2025
Oil prices such as United States Brent Oil Fund (NYSE: BNO) and the United States Oil Fund (NYSE: USO) are trading lower Tuesday. The selloff follows news that a tentative ceasefire between Israel and...
Via
Benzinga
Trump Says China Can Continue Buying Oil From Iran, Pushing Prices Lower Amid De-Escalating Israel-Iran Tensions
↗
June 24, 2025
West Texas Intermediate crude oil futures traded 5.4% lower at $64.81 per barrel at the time of writing, while Brent crude oil futures fell 5.5% to $66.64 per barrel.
Via
Stocktwits
Topics
ETFs
Economy
Government
Trump Warns Israel Not to Strike Iran, Oil Prices Sink On De-Escalation Hopes
↗
June 24, 2025
U.S. President Donald Trump’s warning comes after Israeli Defence Minister Israel Katz announced that he had ordered retaliatory strikes on Tehran after Iran continued bombing after a ceasefire was...
Via
Stocktwits
Topics
Government
Global Markets Rally, Oil Plunges On Ceasefire Optimism
↗
June 24, 2025
Via
Benzinga
Israel Says Iran Broke Trump Ceasefire, Orders 'High-Intensity Strikes' On Tehran
↗
June 24, 2025
Israel accused Iran of violating the U.S.-brokered ceasefire Tuesday after detecting missile launches from Iranian territory.
Via
Benzinga
Topics
Government
Trump Declares Israel–Iran Ceasefire 'Now In Effect' As China Warns Of 'Spiraling Escalation' At UN
↗
June 24, 2025
President Donald Trump posted on Truth Social on Tuesday, writing, "The ceasefire is now in effect. Please do not violate it!"
Via
Benzinga
Topics
Government
Oil Prices Tumble After Trump Declares Ceasefire In ‘12-DAY War’ Between Iran-Israel
↗
June 23, 2025
Brent crude prices were down 2.5% at $68.79 per barrel, while U.S. West Texas Intermediate crude prices were down 2.5% at $66.78 per barrel at 2.27 am GMT.
Via
Stocktwits
Topics
Government
Dow Futures Jump Over 200 Points As Trump Announces Ceasefire, But Iran Says 'No Agreement' — Crude Plunges
↗
June 23, 2025
U.S. futures markets are rallying on Monday night, after President Donald Trump announced a "ceasefire timeline" for the conflict between Iran and Israel.
Via
Benzinga
Topics
Government
Stocks
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