The prices for their products are going up.
Clearly an end to the interest-rate hikes is good news for stocks.
This sort of consolidation will continue so long as utilities generate such incredible amounts of cash. It seems like utilities really can't go wrong at the moment. All they have to do is pick up the money.
It's too late to buy many of the big ones. There are plenty of municipal utilities that can be bought one by one and added up, but that's not as satisfying as buying a big group.
The Germans historically have had problems with being too aggressive, but that's changing. Being stuck between the U.S. and Asia, German companies really have to fight. And now they have the power to fight.
I definitely feel better than what I have in the past couple years, but it's still kind of fine-tuning. The team comes first. We got to do what's important for the team, not for me.
The only thing we know about the future is that it is going to be different.
If there is sin against life, it consists… in hoping for another life and in eluding the implacable grandeur of this life.