Utility Upheaval Utilities are often thought of as stable and dependable businesses that will chug along no matter the state of the economy. That’s because people always need electricity and heat in their homes, and because they’re regulated by the government. But climate change may have the last word on the topic. As extreme weather…Read more
Next Steps Heading into the last week of April, market sentiment changed dramatically. The S&P 500 fell below 5,000 for the first time since surpassing that level in February. The rise in Treasury yields is to blame, as expectations for rate cuts have dwindled. In short, some worry has creeped back into the market after…Read more
Worth the Wait? Here’s what we know: Rate cuts are starting later than we thought. Here’s what we don’t know: When they do begin, how quickly will they progress? This got us thinking: What might markets look like in different scenarios? Right now, fed funds futures are pricing in a scenario where the Fed cuts…Read more
