A Potential Recession, High Demand for Uranium and Pitchfork Recommendations
A Potential Recession, High Demand for Uranium and Pitchfork Recommendations
By:Ed McKinley
A weekly look inside Luckbox magazine
Is the Sahm Rule Warning Us of Recession?
An inversion of the yield curve can indicate impending recession. About two years ago, this phenomenon occurred when the yield on 10-year Treasury bonds dropped below the yield of two-year Treasury bonds, where it has remained ever since.
Since 1955, every U.S. recession, except for one in 1966, has been preceded by an inversion of the yield curve. Some are now speculating the current inversion might be the second exception.
But while the yield curve suggests a potential recession, it doesn’t specify when one might begin. Historically, a recession has started about 12 months after an inversion on average, but the lag can be as long as 22 months, as seen in 2006 before the Great Recession.
This time, the yield curve has been inverted for roughly 24 months and no recession has materialized. Consequently, the Federal Reserve has refrained from cutting benchmark interest rates. It seems more concerned about the persistent threat of inflation than a contraction in the economy.
Uranium Miners Are Benefitting From AI’s Hunger for Electricity
The AI revolution has created some unlikely groups of heroes, and one of them has been uranium miners. They’ve benefited from renewed interest in nuclear power, driven by the surging electricity requirements of AI-focused data centers. The immense computational power needed for AI applications has significantly increased the demand for reliable and consistent energy sources, making nuclear power an attractive option.
However, the nuclear energy sector, including uranium producers, is also benefiting from another tailwind. The carbon emissions from nuclear plants are minimal, making this energy source an appealing supplement to renewable energy. This is especially important in the context of aggressive global carbon reduction targets. As countries strive to meet their environmental commitments, nuclear energy offers a stable, low-carbon alternative that complements renewable sources like wind and solar.
Together, these trends have put nuclear power back into the spotlight after years of relative obscurity. And the dual appeal of supporting the AI-driven energy demand surge while contributing to carbon reduction goals has undoubtedly revitalized the nuclear sector. As a result, uranium miners have seen increased interest in the capital markets, positioning them as important players in the evolving energy landscape.
Our Pitchfork Music Festival Recommendations
Pitchfork Music Festival kicks off July 19 in Chicago with three days of indie, alternative, rock, R&B, hip hop and pop acts. Each year, Pitchfork is the beginning of Chicago’s mid- to large-size music festivals.
In January, Pitchfork owner Condé Nast announced it was merging the music news and reviews site with GQ, a men’s fashion, style and culture magazine. The merger led to layoffs across its entire editorial staff.
But the music festival has seemingly stayed intact, with a lineup that holds true to previous standards. Fans will hear local Chicago artists, up-and-coming names in rock, alternative and hip-hop, and headliners with household names.
Ed McKinley is editor-in-chief of Luckbox magazine.
For live daily programming, market news and commentary, visit tastylive or the YouTube channels tastylive (for options traders), and tastyliveTrending for stocks, futures, forex & macro.
Trade with a better broker, open a tastytrade account today. tastylive, Inc. and tastytrade, Inc. are separate but affiliated companies.
Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.
tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastylive is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read the applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange-Traded Options Risk Disclosure found on tastytrade.com/disclosures.
tastytrade, Inc. ("tastytrade”) is a registered broker-dealer and member of FINRA, NFA, and SIPC. tastytrade was previously known as tastyworks, Inc. (“tastyworks”). tastytrade offers self-directed brokerage accounts to its customers. tastytrade does not give financial or trading advice, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastytrade’s systems, services or products. tastytrade is a wholly-owned subsidiary of tastylive, Inc.
tastytrade has entered into a Marketing Agreement with tastylive (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade. tastytrade and Marketing Agent are separate entities with their own products and services. tastylive is the parent company of tastytrade.
tastycrypto is provided solely by tasty Software Solutions, LLC. tasty Software Solutions, LLC is a separate but affiliate company of tastylive, Inc. Neither tastylive nor any of its affiliates are responsible for the products or services provided by tasty Software Solutions, LLC. Cryptocurrency trading is not suitable for all investors due to the number of risks involved. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero.
© copyright 2013 - 2024 tastylive, Inc. All Rights Reserved. Applicable portions of the Terms of Use on tastylive.com apply. Reproduction, adaptation, distribution, public display, exhibition for profit, or storage in any electronic storage media in whole or in part is prohibited under penalty of law, provided that you may download tastylive’s podcasts as necessary to view for personal use. tastylive was previously known as tastytrade, Inc. tastylive is a trademark/servicemark owned by tastylive, Inc.