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.
We just went past it. We'd been there once before, practicing backing up.
There is a principle in there as it relates to review of aid programs. And that principle is that individual countries will make their sovereign decisions about these issues.
The image of myself which I try to create in my own mind in order that I may love myself is very different from the image which I try to create in the minds of others in order that they may love me
W. H. Auden