They show generally warmer than normal conditions on both coasts. This will benefit utilities' earnings. I noted that Accuweather's Joe Bastardi has a similar analysis--probably he got a lot of his ideas from the CPC guidance. Even if this does not occur, it is quite possible that the forecasts alone will drive up the near-term prices of the major electrical utilities. This does happen.
Unique Diversification Benefits of Utilities [View article]
Nice point--I will consider this for future analysis.
Warren Buffett invests heavily in utilities and insurance--probably at least partly for these reasons. Mr. Buffett tends to speak disparagingly of quantitative measures but his portfolio seems to exploit these effects--se my articles on analyzing BRK's holdings with Monte Carlo, for example.
Unique Diversification Benefits of Utilities [View article]
www.cpc.ncep.noaa.gov/...
They show generally warmer than normal conditions on both coasts. This will benefit utilities' earnings. I noted that Accuweather's Joe Bastardi has a similar analysis--probably he got a lot of his ideas from the CPC guidance. Even if this does not occur, it is quite possible that the forecasts alone will drive up the near-term prices of the major electrical utilities. This does happen.
Unique Diversification Benefits of Utilities [View article]
Warren Buffett invests heavily in utilities and insurance--probably at least partly for these reasons. Mr. Buffett tends to speak disparagingly of quantitative measures but his portfolio seems to exploit these effects--se my articles on analyzing BRK's holdings with Monte Carlo, for example.