The Spice Must Flow
For investors who understand the relationship and the economics of power and intelligence, Porter explains, the next decade will produce an unprecedented amount of wealth.
energy
Powering the Revolution
Coal – yes, coal – will save today’s computing revolution. One U.S. producer of this throwback energy source is thriving, despite the best efforts of American policymakers to bankrupt the industry. Wall Street hates this stock, so you can buy it for a bargain.
A Dirty Energy “Fortress” With A 25% FCF Yield
Trillions spent on “renewable” energy sources like wind and solar have failed to make a dent on fossil fuel consumption. And the lack of investment in fossil fuels is creating energy shortages around the world… unleashing a cash flow windfall for one of the world’s most hated commodity producers.
Here’s Why Inflation Will Keep on Slowing
Our leading indicator of inflation growth tells us the Consumer Price Index is headed even lower when the May data is released. That should support the outlook for stocks…
How to Escape The “Winner’s Curse”
Betting on perfection is a fool’s errand in any environment. It’s particularly risky today as the economy teeters on the edge of recession and a looming debt crisis. Fortunately, the bubble in AI and tech stocks is setting up a tremendous opportunity elsewhere.
Copper is the “missing ingredient” of the anticipated “energy transition” (from The Economist on March 30)…
At 76, Richard Adkerson is an elder statesman of the copper industry. For two decades he has been CEO of Freeport-McMoRan, one of the world’s biggest copper producers, valued at $55bn. He has seen it all, from short-term booms and busts to the China-led supercycle, and from industry fragmentation to consolidation. Freeport itself has pioneered
Cold War 2.0 and the Coming Global Energy Wars
Right now, U.S. gas prices are among the lowest in the world. But as America increasingly expands its LNG export infrastructure, U.S. natural gas prices will increasingly converge with much-higher international prices. And the companies that own low-cost gas reserves today will reap a windfall.
The Last Time This Happened, the Stock Market Slumped for 16 Years
In many ways, the 2020s inflation scenario matches that of the 1970s.
A Matter of National Security
Sorry, snowflakes, dirty energy is never going away. Instead, technologies have been, and will continue to be, developed to make coal (and other fossil fuel energy sources) cleaner and safer.
I Almost Went to Jail in Qatar – Here’s What I Learned
The tiny, gas-rich country is opulent, uptight…and weak on the rule of law. Editor’s Note: We’re turning this week’s issue of Something You Don’t Know over to Porter & Co. publisher Kim Iskyan, for a boots-on-the-ground report from the Middle Eastern country of Qatar – which is at the crossroads of the global fossil fuels