Theater of the Absurd in J6 Courtrooms

"Stunning Quarter": Highest Earnings Growth In Over Two Decades Yesterday, Deutsche Bank's head of thematic research published his latest chartbook, "The Great 2026 Reset," which delves into the market and political implications of the Iran conflict (available here to pro subs). One key topic explored by Reid is the remarkable US Q1 earnings season. As we previewed ahead of the start of reporting seasons, earnings are significantly exceeding consensus estimates across all metrics, despite a high bar. S&P 500 earnings growth is projected to accelerate sharply from 13.4% in Q4 to...

Combined NextEra-Dominion Would Have 130-GW Large-Load Pipeline By Robert Walton of UtilityDive Summary NextEra Energy plans to acquire Dominion Energy in an all-stock transaction announced Monday, potentially creating the largest regulated electric utility in the world — with 10 million customers in four states — if the deal passes muster with three state and two federal regulatory commissions. The companies have proposed $2.25 billion in bill credits for Dominion customers in Virginia, North Carolina and South Carolina, and they say all customers would see benefits from “enhanced scale in operations, procurement, construction and...

Ukraine Billionaire Spends $554 Million For World's Most Expensive Apartment In Monte Carlo It makes sense that a nation which has consistently ranked at the top in all global corruption rankings, produces some of the most extravagant demonstrations of stolen wealth.  Take billionaire Rinat Akhmetov, among many other assets owner of the Azovstal steel complex in Mariupol which became one of the defining clashes in the Ukraine war, and Ukraine’s richest man, who bought a vast, five-floor luxury apartment in Monaco’s most prestigious new development for an eye-popping €471 million ($554 million), making...