The XLU ETF is a utility-sector focused ETF.After massively outperforming in 2022, XLU has been an underperformer in 2023 as investors rotated out of safe haven assets.Looking forward, utility valuations have gone from a 3x Fwd P/E premium to the market to a 2x discount.
Uranium has been one of the top-performing commodities this year as the use of nuclear power starts to gain more acceptance, increasing demand for the metal while supply remains constrained. In effect, this is causing the metal’s market to grow exponentially and will continue to do so, offering
Earlier in August, for example, Sweden said it needs to triple its nuclear power capacity over the next decade in order to keep up with rising electricity demand in the country. Nuclear Power Is The Not-So-New Clean Energy
Traditionally, luxury goods firms have been very successful at passing through cost increases to consumers, given that their clientele are usually less price-sensitive. In the United Kingdom, chains are reporting strong
But an equally important shift has been that the U.S. is no longer an energy importer and, in fact, exports petroleum (on a net basis), natural gas, and coal. It should be noted that the U.S. economy can still be impacted by a
The transition to renewable energy sources, such as solar and wind power, necessitates a massive expansion of electrical infrastructure, from power generation facilities to transmission lines and energy storage solutions. But I
In his discussion of the fund’s performance, Beer elucidated the importance of diversifying asset class exposure in trend following. Not all managed futures funds invest alike, however, some strategies excluding
But Tellurian’s failure to secure FID for its Driftwood LNG production and export terminal close to Lake Charles, Louisiana has shattered investor confidence in its management. Down under in Australia, strikes at
One key area of recent support to the global economy, which is reporting a renewed decline in new orders – consumer services – is especially noteworthy, as this sector led the surprise growth revival seen globally in
In what could prove to be more good news for QQQ and QQQM, the frequency of recession mentions by S&P 500 member firms declined on earnings conference calls during the June 15 through August 31 period. “After
Advisors and investors looking to diversify their commodity exposures would do well to consider the KraneShares European Carbon Allowance ETF (KEUA) . However, the short term is expected to see some impact from
At the same time, there are reasons to believe that the company is likely to retain its momentum in the following years as the tight supply along with a relatively high demand for natural gas around the globe are making it possible
Following panic buying last summer in the midst of the Russian-Ukraine war, a record-warm winter earlier this year has kept supplies high in Europe and the United States. So why can’t US natural gas ( NYSEARCA: UNG ) prices
Agriculture – El Niño often brings heavy rains and flooding to parts of South America, which can damage crops like soybeans, corn, wheat, rice, coffee, and sugarcane. Here are 4 companies that could potentially benefit from or
