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RunningAlpha RunningAlpha ED, M, Long
ED: The Case for USA Electric Utilities, even with Rising USA Rates
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ED, M Long
The Case for USA Electric Utilities, even with Rising USA Rates

Running Alpha Capital Markets observes that higher rates are not always a headwind, as the not too distant record shows that the electric utilities group can outperform and offer a margin of safety. During the last period of higher rates, from mid 2004 to mid-2006, the FOMC hiked rates 16 times, and despite these incremental actions, electric utilities actually ...

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