Markets in 2019 truly climbed a wall of worry, recovering from the late 2018 swoon and rising to new highs even in the midst of a host of political, geopolitical, financial, and economic concerns. Some of those worries have been resolved, some have been put to one side, others are Read more
Electric power generation in the United States is a highly regulated industry, and has been since the 1920s and 1930s. The primary Federal entity regulating the production and transmission of electricity is FERC, the Federal Energy Regulatory Commission, but FERC’s regulation is high-level. The nitty gritty of pricing regulation that Read more
The Eurozone manufacturers’ PMI, a monthly survey of purchasing managers’ views about current trends in manufacturing, fell to 45.6 in September, down from 47 in August. Anything below 50 is contractionary, and the September reading is the lowest in almost seven years. Germany’s manufacturing PMI fell to 41.4 in September, Read more
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