The best-performing sector in 2022 isn’t done crushing it, Citi says, offering three stocks to buy

You can count on it, says ours call of the day provided by Citigroup, although they say investors can’t expect such high returns. “We believe the market rotation into energy stocks should continue to run, even as names in our US coverage are already at all-time highs,” a team of analysts led by Alastair R … Read more

Opinion: The new bull market will be led by the stocks of these three sectors.

We still don’t know if the recent rally has kicked off a new bull market in equities. But here’s a safe bet: Once the new bull market is here, completely different groups will be leading. It will be out with the old – think FAANGs – and in with the new. To find out what … Read more

Buying shares of Warren Buffett is a classic example of why you want to be “greedy only when others are afraid”

This has been a big year for Berkshire Hathaway and CEO Warren Buffett. The conglomerate just revealed its investments in other companies at the end of the third quarter, and one name and one sector stands out. In its 13F filing with the Securities and Exchange Commission on Nov. 14, Berkshire disclosed investments in 50 … Read more

Europe cannot yet live without Russian LNG exports

London CNN business – Europe may be closer than ever to breaking its energy dependency on Moscow, but it cannot yet live without a type of Russian natural gas. While Russian exports of coal, oil and natural gas transported via pipelines to Europe have dropped dramatically since the invasion of Ukraine by Moscow At the … Read more

The Russian gas habit Europe cannot stop: LNG – POLITICAL

Press play to listen to this article European leaders have boasted that they have reduced their dependence on Russian gas since Vladimir Putin invaded Ukraine. But this is only part of the truth. While natural gas supplies delivered via pipeline have dropped dramatically this year, imports of liquefied natural gas (LNG) from Russia to the … Read more

Eversource CEO wrote a letter to Biden about the winter challenges

Eversource’s CEO said on Monday he wrote a letter to President Joe Biden because he has serious concerns about New England’s ability to withstand a harsh winter. Eversource CEO Joe Nolan said supply problems mean New England may not have enough natural gas to heat the region’s homes in a cold winter. He said global … Read more

Eversource CEO wrote a letter to Biden about the winter challenges

Eversource’s CEO said on Monday he wrote a letter to President Joe Biden because he has serious concerns about New England’s ability to withstand a harsh winter. Eversource CEO Joe Nolan said supply problems mean New England may not have enough natural gas to heat the region’s homes in a cold winter. He said global … Read more

The Eurozone inflation rate rises to 10.7% as the recession looms

The annual rate of consumer price inflation in the eurozone rose to double digits in October, hitting a record high and highlighting the challenges the European Central Bank faces after signaling an oncoming slowdown in the pace of rate hikes. The large measure of consumer prices has increased dramatically since the Russian invasion of Ukraine … Read more

Frackers Jockey with Potassium Miners to grow space in the best oil fields in the United States

Frackers in America’s busiest oil field are clashing with miners working to increase production of a vital crop nutrient that is in short supply following the Russian invasion of Ukraine. Relentless drilling in the Delaware Basin has pushed New Mexico’s oil production faster than any other state in the past 10 years. But Delaware, part … Read more