Q: What are some of the likely explanations for the rally in natural gas prices over the last 90 days?
A: Naturalgasintel.com reports hungry for power data center expansion, surplus storage drawdowns, and potential bullish projections of $4.50 per million British Thermal Units (BTUs) for the beginning of 2026.
Q: What is likely one of the most important financial headlines so far for 2026?
A: The 2017 Tax Cuts and Jobs Act expires at the end of 2025 could increase taxes for U.S. Households in 2026.
Headline Round Up
*Artificial Intelligence (AI) Mania: Nvidia Corp.’s Revenue Triples from a Year Ago & Net Profit Increases Nearly 7 fold in Q1! Sales Triple VDA Profits Quadruple, Sales Nearly Triple.
*Copper Futures Hit Another Record Taking Prices Over $11,000 USD per Ton!
*Solar and Wind to Boost U.S. Power Plant Capacity by 80% Before 2035.
*Utility Index Up 13% More than S&P 500 Index Year to Date? Vistra Corp. up over 150% for the same timeframe?
*U.S. Justice Department & Nearly 30 States Sue Live Nation to Force Sale of Ticketmaster Over Allegations of “Anticompetitive Practices”.
*CVS, Walgreens, Rite Aid Closing Hundreds of Stores, Since the Onset of the Pandemic, Amid Fierce Retail Competition.
*GLP-1 Mania! Hims & Hers Health, Inc. Debuts $199 Compounded Semaglutide Shots.
*SEC Appears Poised to Approve Ether Exchange Traded Fund (ETF) & Crypto Rally Ensues.
*Mr. Wilson! Morgan Stanley’s Bearish Strategist, Michael Wilson, Now Sees 2% Gain in S&P 500 Over the Next Year?
*Jane Yellen Says No to Global Wealth Tax on Billionaires. Current administration is looking to tax earnings of Americans making more than 100 Million at 25% including unrealized capital gains.
*Target Misses the Mark for the Fourth Straight Quarter.
*Who Are Some of The Highest Paid CEO’s of 2023?
Mergers & Acquisitions
Abu Dhabi National Oil Company Buys a 11.7% Stake in NextDecade Corp.’s Rio Grande Liquified Natural Gas(LNG) Project.
Skid Row
*Parents Beware: Some Bosses Have a “Like-O-Meter” that Can Disqualify Candidates During Interviews. Coach your kids on speaking without the crutch and possibly save your retirement portfolio.
*Luxury Watch Market Hits the Skids as The WatchCharts Overall Market Index is Down 38% in 2 Years.
*Commercial Real Estate Crisis: Starwood Capital Group Limits Investor Redemptions in $10 Billion Starwood Real Estate Income Trust.
Generic Copper Futures Contract Spot Price (05/25/2014 – 05/24/2024)
– Courtesy of Bloomberg LP
Generic Natural Gas Futures Contract Spot Price (12/29/2023 – 05/24/2024)
– Courtesy of Bloomberg LP
Generic Natural Gas Futures Contract Spot Price (05/24/2014 – 05/24/2024)
– Courtesy of Bloomberg LP
Dow Jones Industrial Average Index (12/29/2023 – 05/24/2024)
– Courtesy of Bloomberg LP
Atlanta Fed GDPNow Real GDP Estimate for 2024 – Q2 (05/24/2024)
– Courtesy of The Atlanta Federal Reserve
Profit Report
What can investors learn from The Wall Street Journal’s Christopher Mims review of what he got wrong during a decade of predicting the future of tech?
