| National Grid plc (NGG) Q4 2025 Earnings Call Transcript |
National Grid plc (NYSE:NGG ) Q4 2025 Earnings Conference Call May 15, 2025 4:15 AM ET Company Participants Angela Broad - Director of Investor Relations John Pettigrew - Chief Executive Officer Andy Agg - Chief Financial Officer Conference Call Participants Dominic Nash - Barclays Bank Sarah Lester - Morgan Stanley Pavan Mahbubani - JPMorgan Chase & Co Mark Freshney - UBS Ahmed Farman - Jefferies Deepa Venkateswaran - Sanford C. Bernstein & Co. Marcin Wojtal - BofA Securities Angela Broad Good morning, and welcome to National Grid's Full-Year Results Presentation. |
seekingalpha.com |
2025-05-16 03:17:25 |
Czytaj oryginał (ang.) |
| National Grid earnings beat forecasts as CEO bows out |
National Grid PLC's (LSE:NG.) dividend will come in 20% below where it was a year ago, but up 3% on an underlying basis, as the network operator completed the first year of its current five-year financial framework. |
proactiveinvestors.co.uk |
2025-05-15 07:16:52 |
Czytaj oryginał (ang.) |
| National Grid takes $402 million hit on paused New York wind project |
National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion) in energy networks through March 2029 and its results beat estimates. |
reuters.com |
2025-05-15 06:35:41 |
Czytaj oryginał (ang.) |
| National Grid poaches new CEO from Shell |
National Grid PLC (LSE:NG.) has appointed Zoë Yujnovich, former Shell PLC (LSE:SHEL, NYSE:SHEL) gas and upstream director, as its new chief executive as John Pettigrew retires after almost 10 years in the role. |
proactiveinvestors.co.uk |
2025-05-01 07:24:53 |
Czytaj oryginał (ang.) |
| National Grid: Is the good new all now priced in? |
After a strong run, UBS thinks National Grid PLC (LSE:NG.) has run out of steam. |
proactiveinvestors.co.uk |
2025-04-29 13:23:00 |
Czytaj oryginał (ang.) |
| National Grid files new three-year plan for Upstate New York energy arm |
National Grid PLC (LSE:NG.) has proposed a higher return on equity to reflect increased capital investment for its Upstate New York electric and natural gas distribution business Niagara Mohawk Power Corporation (NIMO). |
proactiveinvestors.co.uk |
2025-04-28 06:46:21 |
Czytaj oryginał (ang.) |
| National Grid files three-year rate plan in New York |
Britain's National Grid said on Monday it had filed a three-year rate plan proposal with the New York Public Service Commission for its upstate New York electric and natural gas distribution business. |
reuters.com |
2025-04-28 06:30:46 |
Czytaj oryginał (ang.) |
| National Grid (NGG) Is Up 3.23% in One Week: What You Should Know |
Does National Grid (NGG) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2025-04-18 17:00:33 |
Czytaj oryginał (ang.) |
| Reasons to Add National Grid Stock to Your Portfolio Now |
NGG's positive movement in earnings estimates, planned capital expenditure to improve infrastructure and demand from new customers make it a strong pick. |
zacks.com |
2025-04-17 17:00:48 |
Czytaj oryginał (ang.) |
| GM Financial Expands Financial Education Resources Support With the Enlisted Association of the National Guard of the United States |
FORT WORTH, Texas--(BUSINESS WIRE)--This month, GM Financial became a financial literacy affiliate with the Enlisted Association of the National Guard of the United States (EANGUS), part of a shared goal to ensure service members have the tools and resources needed to make educated financial decisions for themselves and their families while at home or deployed. EANGUS serves more than 450,000 men and women serving in the National Guard, and their families, as well as tens of thousands of retire. |
businesswire.com |
2025-04-17 13:00:00 |
Czytaj oryginał (ang.) |
| National Grid says last year was 'in line' |
National Grid PLC (LSE:NG.) said its financial performance for the past year to March was in line with guidance provided at its interims, on a constant currency basis. |
proactiveinvestors.co.uk |
2025-04-10 07:08:54 |
Czytaj oryginał (ang.) |
| UK energy regulator weighs penalty exemption for National Grid venture |
Britain's energy regulator Ofgem said on Thursday it was considering whether to reject a penalty exemption application for an electricity transmission joint venture between National Grid and SP Transmission. |
reuters.com |
2025-04-10 06:48:39 |
Czytaj oryginał (ang.) |
| These Are Virginia’s Top Counties for Defense Department Jobs |
Thousands of Department of Defense (DOD) employees, including both civilians and active-duty service members, are stationed in each of the 50 states, as well as Washington, D.C. However, Virginia is the state with the second most stationed personnel in the country with 247,200 national defense personnel as of 2023. The Pentagon, located in Arlington County, Virginia, across the Potomac River from Washington, D.C. is the headquarters for the DOD. The Pentagon employs nearly 2.6 million individuals and has an annual budget of over $870 billion. (Also see the 10 counties in California with the most military and civilian Defense Department personnel.) However, many of these jobs are likely to be affected by recent government cuts. The Associated Press (AP) reported on March 18, 2025, that around 50,000 to 60,000 civilian jobs will be cut in the DOD. The Pentagon plans to not fill jobs of workers who voluntarily leave. A senior defense official told the AP that likely thousands of military veterans will be among the civilians who are let go. With so many employed by the DOD in Virginia, the state is likely to see some impact from the upcoming job losses. 24/7 Wall St. compiled a list of the 10 counties and county-equivalents in Virginia with the most military and civilian Defense Department personnel. We used data from Defense Spending by State, a recent report from the DOD (current as of fiscal 2023.) Counties and independent cities for which personnel data was not disclosed were excluded from our analysis. And finally, the total population counts for each county came from 2023 data (or 2024 when it was available) from the U.S. Census Bureau. (This article was updated on March 24, 2025, to reflect recent news regarding the loss of Department of Defense civilian jobs, including those held by veterans.) Why it Matters Now A significant share of the Pentagon’s budget goes to payroll for the 2.6 million American men and women who work for the national defense. In fiscal 2023 alone, the Department of Defense spent over $167.4 billion on employee salaries and wages. While this money is spread across the 50 states, it has an outsized impact in places that have emerged as hubs for U.S. military operations. Economists predict that job losses of federal employees in places like Virginia, and other areas with high federal employment, can have an impact on local economies and businesses. Not only will jobless Americans spend less money, but mass layoffs can have a possible negative influence on people’s view of the strength of the economy, causing a curtailing in spending. 10. Accomack County Total Defense Department personnel: 7,735 (3.1% of DOD personnel statewide) Active-duty personnel: 6,359 (5.2% of active-duty personnel statewide) National Guard personnel: 100 (1.2% of National Guard personnel statewide) Reservist personnel: 1,173 (7.0% of reservist personnel statewide) Civilian DOD personnel: 103 (0.1% of civilian personnel statewide) Total Defense Department payroll: $1,087,689,949 (5.1% of DOD payroll statewide) Total Population (as of 2024): 33,411 9. York County Total Defense Department personnel: 10,894 (4.4% of DOD personnel statewide) Active-duty personnel: 8,249 (6.8% of active-duty personnel statewide) National Guard personnel: 996 (11.8% of National Guard personnel statewide) Reservist personnel: 920 (5.5% of reservist personnel statewide) Civilian DOD personnel: 729 (0.7% of civilian personnel statewide) Total Defense Department payroll: $752,371,944 (3.5% of DOD payroll statewide) Total Population (as of 2024): 71,410 8. Newport News City Total Defense Department personnel: 11,116 (4.5% of DOD personnel statewide) Active-duty personnel: 6,249 (5.1% of active-duty personnel statewide) National Guard personnel: 192 (2.3% of National Guard personnel statewide) Reservist personnel: 1,063 (6.4% of reservist personnel statewide) Civilian DOD personnel: 3,612 (3.6% of civilian personnel statewide) Total Defense Department payroll: $848,425,131 (4.0% of DOD payroll statewide) Total Population (as of 2023): 183,118 7. Prince George County Total Defense Department personnel: 12,301 (5.0% of DOD personnel statewide) Active-duty personnel: 8,355 (6.9% of active-duty personnel statewide) National Guard personnel: 0 (0% of National Guard personnel statewide) Reservist personnel: 502 (3.0% of reservist personnel statewide) Civilian DOD personnel: 3,444 (3.4% of civilian personnel statewide) Total Defense Department payroll: N/A Total Population (as of 2024): 43,589 6. Prince William County Total Defense Department personnel: 13,261 (5.4% of DOD personnel statewide) Active-duty personnel: 7,945 (6.5% of active-duty personnel statewide) National Guard personnel: 151 (1.8% of National Guard personnel statewide) Reservist personnel: 724 (4.3% of reservist personnel statewide) Civilian DOD personnel: 4,441 (4.4% of civilian personnel statewide) Total Defense Department payroll: $956,452,817 (4.5% of DOD payroll statewide) Total Population (as of 2024): 497,003 5. Portsmouth City Total Defense Department personnel: 17,000 (6.9% of DOD personnel statewide) Active-duty personnel: 3,833 (3.1% of active-duty personnel statewide) National Guard personnel: 159 (1.9% of National Guard personnel statewide) Reservist personnel: 20 (0.1% of reservist personnel statewide) Civilian DOD personnel: 12,988 (12.9% of civilian personnel statewide) Total Defense Department payroll: $1,454,772,481 (6.8% of DOD payroll statewide) Total Population (as of 2023): 96,793 4. Arlington County Total Defense Department personnel: 19,378 (7.8% of DOD personnel statewide) Active-duty personnel: 2,628 (2.2% of active-duty personnel statewide) National Guard personnel: 72 (0.9% of National Guard personnel statewide) Reservist personnel: 118 (0.7% of reservist personnel statewide) Civilian DOD personnel: 16,560 (16.5% of civilian personnel statewide) Total Defense Department payroll: $2,423,463,821 (11.4% of DOD payroll statewide) Total Population (as of 2024): 239,807 3. Fairfax County Total Defense Department personnel: 21,709 (8.8% of DOD personnel statewide) Active-duty personnel: 5,849 (4.8% of active-duty personnel statewide) National Guard personnel: 787 (9.3% of National Guard personnel statewide) Reservist personnel: 2,898 (17.4% of reservist personnel statewide) Civilian DOD personnel: 12,175 (12.1% of civilian personnel statewide) Total Defense Department payroll: $2,363,208,127 (11.1% of DOD payroll statewide) Total Population (as of 2024): 1,160,925 2. Virginia Beach City Total Defense Department personnel: 29,492 (11.9% of DOD personnel statewide) Active-duty personnel: 20,078 (16.5% of active-duty personnel statewide) National Guard personnel: 822 (9.8% of National Guard personnel statewide) Reservist personnel: 4,696 (28.2% of reservist personnel statewide) Civilian DOD personnel: 3,896 (3.9% of civilian personnel statewide) Total Defense Department payroll: $2,155,030,974 (10.1% of DOD payroll statewide) Total Population (as of 2023): 453,649 1. Norfolk City Total Defense Department personnel: 65,035 (26.3% of DOD personnel statewide) Active-duty personnel: 46,440 (38.1% of active-duty personnel statewide) National Guard personnel: 299 (3.6% of National Guard personnel statewide) Reservist personnel: 1,017 (6.1% of reservist personnel statewide) Civilian DOD personnel: 17,279 (17.2% of civilian personnel statewide) Total Defense Department payroll: $5,144,654,254 (24.1% of DOD payroll statewide) Total Population (as of 2023): 230,930 The post These Are Virginia’s Top Counties for Defense Department Jobs appeared first on 24/7 Wall St.. |
https://247wallst.com |
2025-03-25 12:32:18 |
Czytaj oryginał (ang.) |
| Heathrow Airport had enough power to avoid shutdown after fire, Britain's National Grid says |
Heathrow — Europe's busiest airport — closed down on Friday for most of the day after a fire broke out at a nearby electrical substation. In comments first reported by the Financial Times on Sunday, National Grid CEO John Pettigrew said two other substations supplying power to Heathrow had been operating as normal on Friday. |
cnbc.com |
2025-03-24 11:38:25 |
Czytaj oryginał (ang.) |
| Ofgem approves £4bn of funding to support expansion of National Grid, SSE and Scottish Power transmission networks |
The UK's energy regulator has approved a smaller-than-expected £4 billion of investment for the country's three transmission owners owned by National Grid PLC (LSE:NG.), SSE PLC (LSE:SSE) and Scottish Power to build out the electricity grid. |
proactiveinvestors.co.uk |
2025-03-20 06:11:51 |
Czytaj oryginał (ang.) |
| National Grid awarded $76.4 billion supply chain framework |
Britain's National Grid on Thursday said it had been awarded two parts of a 59 billion pound($76.36 billion) high voltage direct current supply chain framework to support key energy projects in the UK. |
reuters.com |
2025-03-13 07:58:17 |
Czytaj oryginał (ang.) |
| Amperon Secures Strategic Investment from National Grid Partners to Accelerate AI-powered Energy Forecasting Solutions |
HOUSTON , March 12, 2025 /PRNewswire/ -- Amperon, a leading provider of AI-powered energy forecasting and analytics solutions, today announced a strategic investment from National Grid Partners, the venture investment and innovation arm of National Grid (NYSE: NGG). This investment will further accelerate Amperon's commercial expansion across North America and Europe, enhancing its ability to provide best-in-class AI-powered energy forecasting and market analytics to utilities, independent power producers, and energy market participants. |
prnewswire.com |
2025-03-12 11:00:00 |
Czytaj oryginał (ang.) |
| National Grid to sell US renewables wing for $1.7bn |
National Grid PLC has announced the sale of its US onshore renewable energy division for US$1.7 billion (£1.3 billion). Brookfield Asset Management had agreed to buy the business, which develops and operates solar, onshore wind and battery storage projects, a statement said on Monday. |
proactiveinvestors.co.uk |
2025-02-24 04:31:19 |
Czytaj oryginał (ang.) |
| National Grid to sell US onshore renewables arm for $1.74 billion to Brookfield |
Britain's National Grid said on Monday it would sell its U.S. onshore renewables business to private equity firm Brookfield Asset Management and its partners in a deal valued at $1.74 billion, including debt. |
reuters.com |
2025-02-24 04:11:31 |
Czytaj oryginał (ang.) |
| Edf: 2024 annual results Excellent operational performance in a context of lower market prices Flamanville 3 connected to the French national grid for the first time Net financial debt stabilised Rollout of the “Ambitions 2035” strategy |
2024 annual results Excellent operational performance in a context of lower market prices Flamanville 3 connected to the French national grid for the first time Net financial debt stabilised Rollout of the “Ambitions 2035” strategy Successful commercial offerings 2024 performane boosted by the substantial rise in nuclear and hydro output Electricity output: 520TWh (+41.3 for nuclear in France and +12.7TWh for hydropower) Sales: €118.7 bn EBITDA: €36.5 bn EBIT: €18.3 bn Net income - Group share: €11.4 bn Net Financial Debt: €54.3 bn - NFD / EBITDA: 1.49x Adjusted Economic Debt: €87.6 bn - AED / adjusted EBITDA: 2.73x Sales Sales totalled €118.7 bn, an organic decrease of 15.7% vs 2023 as prices fell in the countries where the Group does business. EBITDA EBITDA was €36.5 bn in 2024. |
globenewswire.com |
2025-02-21 04:20:00 |
Czytaj oryginał (ang.) |
| National Grid and National Grid Foundation Add $1.4 Million to Heating Assistance Funds |
Low-Income Customers Can Apply for Enhanced Emergency Heating Assistance BROOKLYN, N.Y. , Feb. 18, 2025 /PRNewswire/ -- National Grid and the National Grid Foundation today announced a joint $1.4 million contribution to support the company's low-income and emergency heating programs, the Care & Share Energy Fund and the Neighborhood Heating Fund, which opened today. |
prnewswire.com |
2025-02-18 12:10:00 |
Czytaj oryginał (ang.) |
| National Grid upgraded as time to 'step back in', says US bank |
National Grid PLC (LSE:NG.) has been upgraded to 'buy' (from neutral) by US bank Citi after weakness for the power distributor due to the macro uncertainty currently. |
proactiveinvestors.co.uk |
2025-01-20 09:28:19 |
Czytaj oryginał (ang.) |
| National Grid: Upside Exists In Utilities And This Is One Of Them, Especially After The Decline |
National Grid: Upside Exists In Utilities And This Is One Of Them, Especially After The Decline |
seekingalpha.com |
2025-01-17 20:08:49 |
Czytaj oryginał (ang.) |
| National Grid and SSE top picks for US bank despite bond market distraction |
Utilities have fallen out of favour a little with the rise in bond yields in the US and UK, but earnings across the sector should be supportive in the next round of updates says Citi, which still likes National Grid PLC (LSE:NG.) and SSE PLC (LSE:SSE). |
proactiveinvestors.co.uk |
2025-01-09 10:10:07 |
Czytaj oryginał (ang.) |
| National Grid announces £35bn investment plan |
National Grid PLC (LSE:NG.) has released its ‘RIIO-T3 Business Plan', outlining infrastructure investments of up to £35 billion over a five-year period from April 2026. |
proactiveinvestors.co.uk |
2024-12-18 04:53:02 |
Czytaj oryginał (ang.) |
| UK's National Grid to invest up to $44 bln in transmission business |
Britain's National Grid said on Wednesday it would invest up to 35 billion pounds ($44.45 billion) over the five years to March 2031 as per its business plan for its transmission business. |
reuters.com |
2024-12-18 04:45:08 |
Czytaj oryginał (ang.) |
| AM Best Assigns Credit Ratings to National Grid Insurance USA Ltd |
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to National Grid Insurance USA Ltd (NGIUSA) (United States). The outlook assigned to these Credit Ratings (ratings) is stable. NGIUSA is a captive of National Grid plc (NG), a large utility group. The ratings reflect NGIUSA's balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business prof. |
businesswire.com |
2024-12-02 13:30:00 |
Czytaj oryginał (ang.) |
| National Grid appoints Steve Smith as Chief Strategy and Regulation Officer |
BROOKLYN, N.Y. and WALTHAM, Mass. |
prnewswire.com |
2024-11-20 11:23:00 |
Czytaj oryginał (ang.) |
| National Grid and SSE may get cash from Ofgem fund to speed transmission network expansion |
The UK energy regulator is mulling the launch of a £5-8 billion investment fund in 2025 to help speed the expansion of the UK electricity network. Under the current proposal, cash would be provided to allow the UK's three energy transmission owners to buy the equipment such as cables, steel and technology "years in advance" of when they need to use it, according to the Ofgem proposal, even before the project is finalised. |
proactiveinvestors.co.uk |
2024-11-20 10:36:11 |
Czytaj oryginał (ang.) |
| National Grid and SP Energy to build £2bn electricity superhighway between England and Scotland |
Ofgem has green-lit a £2 billion funding package to build out the ‘Eastern Green Link 1' (EGL1) subsea cable project. Spanning 196 kilometres, the high-voltage electricity cable will connect Torness in East Lothian, Scotland, to Hawthorn Pit in County Durham, England. |
proactiveinvestors.co.uk |
2024-11-15 12:38:58 |
Czytaj oryginał (ang.) |
| National Grid gets go-ahead for Dutch and Belgium subsea interconnectors |
National Grid PLC (LSE:NG.) has received UK regulatory approval for its LionLink and Nautilus electricity interconnections (Offshore Hybrid Assets) to connect gird networks and offshore wind farms based in Dutch and Belgian territorial waters. |
proactiveinvestors.co.uk |
2024-11-12 12:58:13 |
Czytaj oryginał (ang.) |
| National Grid: Growth And Yield |
National Grid has streamlined its business, focusing on core UK and US electricity and gas networks, enhancing its defensive nature and growth potential. Asset sales and a £7 billion rights issue have reduced debt, lowered finance costs, and provided capital for future investments. The company is poised for low-risk, high-quality asset growth, with underlying earnings per share expected to grow 6-8% CAGR. |
seekingalpha.com |
2024-11-08 06:50:37 |
Czytaj oryginał (ang.) |
| National Grid plc (NGG) Q2 2025 Earnings Call Transcript |
National Grid plc (NYSE:NGG ) Q2 2025 Earnings Conference Call November 7, 2024 4:15 AM ET Company Participants Angela Broad - Director, Investor Relations John Pettigrew - Chief Executive Officer Andy Agg - Chief Financial Officer Conference Call Participants Pavan Mahbubani - JPMorgan Deepa Venkateswaran - Bernstein Dominic Nash - Barclays Jenny Ping - Citi Mark Freshney - UBS Rob Pulleyn - Morgan Stanley Ahmed Farman - Jefferies Marcin Wojtal - Bank of America Ingo Becker - Kepler Angela Broad Good morning, and welcome to National Grid's Half Year Results Presentation. I'm Angela Broad, Head of Investor Relations, and it's great to have so many of you on the call today. |
seekingalpha.com |
2024-11-08 00:52:13 |
Czytaj oryginał (ang.) |
| National Grid profits tumble but power group bullish longer term |
National Grid PLC (LSE:NG.) ticked higher as it forecast steady earnings growth over the next five years in spite of a big interim profits drop. |
proactiveinvestors.co.uk |
2024-11-07 06:52:58 |
Czytaj oryginał (ang.) |
| Here's Why You Should Add National Grid Stock to Your Portfolio Now |
NGG makes a strong case for investment, given its growth prospects, focus on clean energy and capability to increase shareholders' value. |
zacks.com |
2024-10-14 12:27:29 |
Czytaj oryginał (ang.) |
| National Grid expects additional £70mln from ESO as sale approaches |
National Grid PLC (LSE:NG.) expects to earn £70 million more than expected from its Electricity System Operator (ESO) mechanism in the first half of its financial year ending on 7 November. |
proactiveinvestors.co.uk |
2024-10-03 06:38:06 |
Czytaj oryginał (ang.) |
| Fed Trims Rates by 50 bps: 3 Utilities to Add to Your Portfolio |
The Fed has reduced interest rates after four years. Top-ranked utilities, NGG, AWK and EVRG, with long-term investment plans, are likely to gain from the same. |
zacks.com |
2024-09-19 14:21:12 |
Czytaj oryginał (ang.) |
| Fourth Annual National Grid Project C Week of Service Celebrates Company's Commitment to Its Communities |
Thousands of employees lend time and talent to local causes BROOKLYN, N.Y. , Sept. 16, 2024 /PRNewswire/ -- More than 1,500 National Grid employees will step away from their desks to volunteer with community organizations and schools as they celebrate the fourth anniversary of the company's Project C initiative. |
prnewswire.com |
2024-09-16 13:00:00 |
Czytaj oryginał (ang.) |
| National Grid ESO sale: Will public ownership fix the energy system? |
National Grid PLC (LSE:NG.)'s expected sale of its electricity system operating (ESO) will leave control of Britain's energy grid in public hands for the first time since the 1990s. |
proactiveinvestors.co.uk |
2024-09-13 11:31:02 |
Czytaj oryginał (ang.) |
| National Grid system operating wing set for £630mln government takeover |
National Grid PLC (LSE:NG.) has announced terms have been agreed for the sale of Britain's electricity system operator (ESO) to the government. |
proactiveinvestors.co.uk |
2024-09-13 06:39:19 |
Czytaj oryginał (ang.) |
| Reasons to Add National Grid Stock to Your Portfolio Right Now |
NGG makes a strong case for investment, given its growth prospects, strategic investments and capability to increase shareholders' value through dividend payouts. |
zacks.com |
2024-09-12 13:25:22 |
Czytaj oryginał (ang.) |
| National Grid: An Upside Is There, But I'd Wait For A Small Drop |
National Grid's dividend cut and funding snag led to a drop in share price, but I see potential for growth and solid yield. I stand by my "Buy" rating for NGG stock, doubled my investment stake following funding needs for this utility. Gas-fueled assets remain core to the UK's needs despite renewable plans. |
seekingalpha.com |
2024-08-25 12:00:00 |
Czytaj oryginał (ang.) |
| Bert's July Dividend Income Summary (2024) |
In July 2024, we received $1,683.75 in dividend income. We have been buying at least 4 shares of SCHD every single week. I accepted a long time ago that Leggett & Platt's dividend cut was terrible. |
seekingalpha.com |
2024-08-22 11:42:00 |
Czytaj oryginał (ang.) |
| Dividend Income: Lanny's July 2024 Summary |
In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high likelihood of a rate cut in September, but too much speculation is happening beyond that date. Time is ticking on that FOMC meeting. |
seekingalpha.com |
2024-08-06 12:35:00 |
Czytaj oryginał (ang.) |